Custom Market Cap Index LOW
Pay attention to this chart because I can't stress enough how important it is to understand price boundaries and ranges. This chart is a measurement of price elasticity in relation to the VIX and historically has shown that any price decrease where this Index falls to below $3.50 is, typically, a setup of a major price bottom. At this point, I urge all traders to be cautious of rotation and risk, but to start looking for opportunities in early 2019 because I believe this downside move has reached an overextended range and is about to end. My other predictive modeling systems are suggesting the US markets could rally extensively in early 2019 while Gold pauses above 1300.
Therefore, be prepared. This could be one of the best short term LONG setups we've seen since 2015/2016.
Therefore, be prepared. This could be one of the best short term LONG setups we've seen since 2015/2016.
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