Well WHAT Happened?

For YEARS I had shouted about the relevance of 6/7th December 2016,

I really don’t need to speak anymore of it as the chart below tells you all that you need to know

By the way the chart is of an ETF that tracks the UK’s FTSE100 Index at a 5 X Leveraged rate (yes I do use this trading vehicle):

96

80% in a few months ain’t that bad

What made the trade feasible?

  1. A Low was expected for the Time Cycle due on the 6/7th Dec 2016
  2. This Time Cycle had been forecast YEARS in advance and the outlook was ALWAYS to expect it to be a LOW
  3. Other confirming Indicators I look at were also signalling a low

The position was a high probability trade based on numerous confirming factors