Summary of today's returns (2023-2024)
The research findings from today (FTD) are one of the greatest research achievements of the late legendary Mr. O'Neal, roughly revolving around the supply and demand relationship, using the trading volume and price of the SPX Index to provide valuable information for determining; since its establishment in 1957, the backtest success rate of SPX is approximately 75%, and careful observation will reveal that most of its failures occur during bear markets, with gains often exceeding 2% or even 3% when the VIX maintains high volatility; this provides later traders with a sufficiently high platform to stand on….
In the past two years, there have been three groups related to today, with a success rate of 100%, namely:
21/10/2022，06/01/2023，16/03/2023
02/11/2023，14/11/2023
As well as the recent dates of 13/08/2024 and 19/09/2024.
The above three instances with the current group have a valid period of approximately 4-8 months, and the final wave ends with a rapid climb above the 20-day moving average within 1-2 months.
Since August 13th, nearby to today:
SPY +10.48%
QQQ +13.34%
Double etf
SSO increased by 18.12%.
QLD increased by 23.16%.
Triple ETF
UPRO increased by 25.94%.
TQQQ +33.67%
These are all ETF trades surrounding the huge advantages of FTD, which are trades I will definitely participate in during market cycles.
During this period, my personal account has changed to: +42.65%
Slightly higher than UPRO and TQQQ, but not a performance worthy of complacency.
Trading with FTD today is simple and efficient. I won't give up trading with FTD until trading within my system becomes efficient and stable enough.
Finally, pay tribute to Mr. O'Neal again before the arrival of the 2025 New Year 🫡
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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