2018 been a Poor Year for Most Investors unbelievably the Best Performing Asset was CASH.. the SP500 is currently -7%
This is Why I always advocate Actively Managing your Portfolio.. How do we do this you may ask. Well you can try conventional methods like rebalancing thats simply Selling assets that have done well and Buy 'underperforming' Assets which can be tricky or try following the old saying 'Sell in May come back on St.Ledgers Day' which basically means Sell your Assets in the month of MAY & BUY them back in SEPTEMBER This sometimes works(for various reasons) but NOT in 2018 as you can see from the chart MAY-SEPT was the BEST period for Stocks in 2018!
Regular Readers/Followers will know I apply #MULTIDIAGONALS to the Chart these create a Pathway for PRICE enabling me to Calculate EXACT TOPs & BOTTOMs lets have a look at how 2018 panned out
In January I Highlited THIS TOP which resulted in a 10% DECLINE in the #SP500
https://twitter.com/BANGONtrader/status/949952944446803968
Late September THIS resulted in another WHOPPING Decline of 20% ( officially a BearMarket)
https://twitter.com/BANGONtrader/status/1044908152544792576
How did we get on with the #FTSE100? in MAY a Clear TOP formed that (so far) produced a 17% PLUNGE
https://twitter.com/BANGONtrader/status/998932875457253377
What about INDIA/NIFTY in JULY I gave THIS TOP Resulting in a 15% PLUNGE
https://twitter.com/BANGONtrader/status/1023546600671469568
Perhaps the Japanese Market would buck the Trend? I gave this TOP in September..Resultant PLUNGE 22%
https://twitter.com/BANGONtrader/status/1042321404782411776
What About the Tech Heavy NASDAQ QQQ? in February I forecast a RISE of 22% to a TOP which has proved Correct has Since PLUNGED 25%
https://twitter.com/BANGONtrader/status/963151905999478784
Thats a RoundUp for the Indices but Will #MULTIDIAGONALS work on Charts of #Commodities lets try #OIL...in JULY I gave a TOP which has Resulted in a 44% DECIMATION
https://twitter.com/BANGONtrader/status/1016240431821180933
What about #GOLD this is highly manipulated(so some say)therefore Immune to charting? In January I produced a Clear SELL/TOP in the 1360's Which resulted in a 14% PLUNGE for this 'Safe Haven'
https://twitter.com/BANGONtrader/status/952152949995769856
What About #BITCOIN the New Kid on the Block Well 12 Months ago #MULTIDIAGONALS gave a BUY @ 13K with the TOP just under 20K Expecting a MASSIVE REVERSAL to approx 2K After Hitting the TOP #BITCOIN has CAPITULATED 85% Dragging ALL crypto Coins with it
https://twitter.com/BANGONtrader/status/942110840458801158
https://twitter.com/BANGONtrader/status/947458162839511046
What about Currencies/Forex Lets look at #DXY this is the US DOLLAR $$ against the Worlds Leading Currencies #MULTIDIAGONALS Highlited a MAJOR BUY the $$ Since ROCKETTED 10%
https://twitter.com/BANGONtrader/status/957326250250571776
I wonder IF #MULTIDIAGONALS Work on #PENNYSTOCKS My best performing has recorded a Remarkable RISE of 3400%!!
This Stock was totally unloved at ALL Time LOWs when Tipped
https://twitter.com/BANGONtrader/status/1061582771779301376
2018 been a Fabulous Year for me Next time your favourite Mentor(Failed Trader) Tells you its Impossible to Forecast the Future(cos he CANT) Show him THIS post ...thanks for listening and have a Prosperous 2019 @BANGONtrader #MULTIDIAGONALS
Is the low in for BTC, or further to go you think? Happy new year!
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