Editor’s Observe: Be part of Oxford Membership Editorial Director Justin Fritz-Dashing as he testifies to the facility of Chief Earnings Strategist Marc Lichtenfeld’s 9-count system – an thrilling new buying and selling technique in Marc’s Technical Sample Income VIP Buying and selling Service.
We hope you take pleasure in what Justin has to say!
– Kyle Wehrle, Assistant Managing Editor
Loads can occur in a couple of weeks…
A couple of weeks in the past, I ran a brief ballot to get Oxford Membership Members’ takes on the potential for a recession. And the outcomes are in…
Seventy-four p.c of Members responded that we have been headed for a recession. The remaining respondents held out hope that it wasn’t inevitable.
After all, we now know the reality. With two consecutive quarters of unfavourable GDP development, we’re in a recession.
However right here’s the factor…
In that very same ballot, I requested a second query to find out Members’ present mindsets as buyers.
Have been Members going all-in on money… sitting on the sidelines and ready for a backside… or on the lookout for alternatives to strategically play the present market?
Survey says…
An awesome majority of respondents – 76% – are on the lookout for methods to revenue. I used to be thrilled to see that outcome, contemplating that’s precisely what we do at The Oxford Membership.
The truth is, one thing new simply hit that I wished to share with you as we speak…
Introducing Undertaking 9
Again in Could, a couple of dozen Oxford Membership employees members sat inside a windowless convention room in Destin, Florida. The waves of the Gulf have been beckoning us by the partitions.
However we weren’t there for the attractive white sand seashores. We have been assembly with our Oxford Membership chief strategists – together with Chief Earnings Strategist Marc Lichtenfeld – to brainstorm new funding concepts and methods to assist Members by this troublesome market.
Marc had an concept that I used to be instantly intrigued by. He had “a solution to spot when a present uptrend (or downtrend) in a person inventory is about to alter path utilizing technical evaluation.”
Effectively, fast-forward to as we speak, and he’s now launched this new technique in his Technical Sample Income VIP Buying and selling Service.
Right here’s what Marc wrote in a latest alert to his readers…
Over the previous a number of weeks, I’ve written somewhat bit a few technical indicator that I take advantage of referred to as the Sequence Counter. This was created by legendary technical analyst Tom DeMark.
One of many strategies he created is the 9-count. What DeMark discovered is that when a inventory closes greater than the place it was 4 days earlier – for 9 straight days – the transfer usually is exhausted and the inventory reverses. The identical is true for the draw back.
Beginning subsequent week, I’ll start utilizing the 9-count in Technical Sample Income with a really short-term outlook. As a result of I anticipate these positions to have “micro-bounces,” I anticipate holding them for just a few days. We’re seeking to exploit these fast reversals. My hope is that if we enter a place on a Monday, we’re out by Friday.
I’ll nonetheless be utilizing the opposite patterns, such because the channels, head and shoulders, and flags, as properly. The Undertaking 9 trades are along with the others, so there will likely be extra trades coming your approach.
A solution to predict precisely when a inventory is about to shift path simply by counting to 9?
Sounds too straightforward, proper? I definitely thought so when Marc first advised me about it again in Destin.
However then he confirmed me some charts that illustrated the facility of Undertaking 9.
As you’ll be able to see within the three examples under, every inventory was in a transparent upward or downward trajectory.
But after a correct 9-count was reached utilizing this technical indicator, the inventory shifted path nearly instantly.
After Marc confirmed me these examples, I used to be hooked.
Particularly as a result of Undertaking 9 can point out a reversal in both path. So it’s good for this unstable market.
I’m so excited in regards to the launch of this new technique.
For those who’re already a Member of Technical Sample Income, I hope you’re excited in regards to the contemporary alternatives that Undertaking 9 unlocks.
And should you’re not but a Member and also you’re keen on studying extra, go here to see Marc’s full coaching video on the technique.
Good investing,
Justin