If Only You Knew the Future…

(Doing some post updating, this was originally sent to email list readers 4/7/2024)

In Back to the Future 2, Biff, Marty McFly’s arch nemesis, figures out a way to get a sports almanac with the final scores of all the big games, races, etc. back to his younger self BEFORE the events take place.

Biff’s younger self then uses the book to become the Richest Man in America, and builds his own museum…to himself…all because he has information about events that haven’t happened yet.
It’s an awesome storyline, and captures your imagination. IF ONLY I could have the information before something happens, I COULD MAKE A FORTUNE!!

While they aren’t exactly the same as having a 100% accuracy backing, certain technical indicators can get well into the 70-80% accuracy prediction range, and with a little money management thrown in you may think you’ve grabbed Biff’s almanac.

This past Friday, using these exact indicators, here’s what I told a few of my more active traders 3 minutes before the market opened at 9:30am:
“Here’s what I’m looking for on QQQs today. The bar yesterday was basically $447 to $435, so a 12 point bar…$438, that would be the first retrace level AND in line with last support we broke yesterday, so may get some short action there.”

Then, if we get to say $439, that’s where I’d look to start shorting small, and have a full position short on at $441.” 

Now, what happened Friday in the market? The market opened around $437, dipped a little, and then went to $439 (where the numbers told me it could be shorted) and fell where it could have been covered profitably…went back to $439, and a tad over, and another fall, and another potential profit. Then, it moved higher to $441 (where the numbers told me you could have a full short position on) and then fell 2 points…where the short could have been covered at another tidy profit. 

Am I like super smart to tell exactly what the market is going to do? LOL, nope. Ask my first grade, or 10th grade teacher…can even throw in a college professor or two. (Don’t ask my wife you’ll wonder how I can tie my own shoes 😉

Do I have a “stock almanac” from the future that tells me where the market will be every minute of the day? No, but that would be nice! Where’s that Biff?

Do I do very simple math (addition, subtraction and a little division) that took me 30 seconds to do on my iPhone to get to those numbers? Ding. That’s what I did that gave me almost the EXACT prices the market would move to…and then fall away from…with a high degree of probability. (Nothing is 100% in the stock market, and if anyone tells you it is…well, it’s not. It’s all probabilities combined with money management.)

And, if you’d like to know just what those numbers are, we’re going over them this week in the Trade Your Edge group…with videos going out later today. 

If you’re looking to get better at trading and investing, these numbers are a must. And yes, they work on longer term investing as well as shorter term trading. 

Join us this week, and don’t miss out! Just click on this link and you’re on your way:
Trade Your Edge