With the tragic events that took place in Paris on Friday Nov. 13th, many were expecting the markets to open lower the following Monday (Nov. 16th) and some top traders and analysts even publicly bet money on that.
However, our daily forecast clearly showed a strong rally to commence on Nov. 16th and our 4-hour forecast further told us to expect that rally to commence the morning of that day, as per the chart below.
Pre-market action during the time when we took this snapshot was negative. However, we were confident that the markets will be making a strong rebound that very morning.
Furthermore, in our newsletter that went out to our premium subscribers before the markets opened that morning, we even pin-pointed 9:30 – 9:45 am as the exact time we were looking at to initiate our long position.
Below is a snapshot of the following morning’s newsletter in which we shared with them more information about that position.
And that week turned out to be the best week of the year for US equities!
The rest is history!