In yesterday’s post,  the market predictions were revealed for the Dow Jones, Nasdaq, FDAX, ES, Gold, and Crude price would do.  Basically, I said:

  • It looks as if the Dow will continue down unless it is able to break thru the overhead resistance.
  • The Nasdaq looks like it will continue down to at least 4180 and possibly lower, depending on the volume when it reaches the 4180 area.
  • It looks like there is a lot of overhead resistance on the mini S&P 500 so I would expect price to reach the lower level around 2030.
  • The FDAX is currently testing resistance above.  If it cannot break the resistance it will return to the last area of support and retest.
  • If Gold can break the areas of resistance immediately above it, we may see a rise to around 1220.
  • Crude has formed a double bottom at the moment but sellers maintained control and were not decreasing.  We may see another test of the low.

Results of Market Predictions

Now let’s see what happened.

  • Dow Jones- Two entries generated on 45 minute chart, 17740 and 17743.  Price currently at 17608 (over 100 point move to downside)
  • Nasdaq – Two entries generated on 45 minute chart, 4216 and 4220. Price is currently at 4187.75 (over 25 point move to downside)
  • S&P 500 – Two entries generated on 45 minute chart, 2045.75 and 2047.50.  Price is currently at 2029.25 (over a 15 point move to downside)
  • FDAX – One entry at 9794 on the 45 minute chart.  Price is currently at 9504 (over a 250 point move to the downside)
  • Gold – One entry at 1188.6 on the 45 minute chart.  Price is currently at 1201 (over a 12 point move)
  • Crude – One entry at 52.02 on the 45 minute chart.  Price is currently at 50.80 (over a $1.20 move)

So in essence, we had almost a full day notice of the movements that were about to occur.  What does that equate to in $$$$.

  • Dow Jones = $660
  • Nasdaq = $565
  • ES = $850
  • FDAX = $7250
  • Gold = $1,240
  • Crude = $1,220

Total $$$ movement from first entry on each to where price is at this moment:  $11,785

And, we had advance knowledge of where each market was heading yesterday before the markets even opened by reading the market predictions.