Another milestone from Ron K as he unloaded all his US stocks on Oct 16 as posted on his Facebook where he shared he was going to sell and indeed, everything was offloaded that evening and as of now, the market is crashing with extreme fear as it's near the election period. My confidence is sky high at the moment because I unloaded $2,307,000 USD at the near peak when the price was rising and while everyone was still buying stocks because of excitement. The supply/demand was dead obvious, the pt was strong and severe and the best signal was when I witnessed how institutional players started to sell while many retails still went in to buy.
You see, the supply zone in the Dow Jones was touched, sellers started to emerge there. The Dow has no 3/4 top this time as sellers decided to start selling and buyers decided to stop buying. On Oct 16, when there was a rush of buying when market opened, the sellers used that as an alibi to start offload shares and soon, the market closed lower at the end of day. On the chart wise, the speed of increase was fast and it's signalling that the market is hitting the peak, do not chase chase on rising price but instead sell on breakout because institutional players used that to take $$ off the table with high dollars $$. Remember, the whole cue is to watch from start to finished when it's time to offload and sell. Only when the job is done clean, we can then consider profits in the $$. I will share more in the private events soon.
