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Right away, we can see the ATO 2 and Atlas Line software are in agreement the expected price direction will be long. This is why the long (or buy) signal is generated. When we see two or more systems confirming the same, we see this as a very positive sign. Did both trades work out? Keep watching. He shows what happened at about the 18:00 mark.
From there, John Paul recaps some market activity that occurred earlier in the year. This is to determine whether 2019 will be a “January Effect” year. The rule for this is as follows. If price closed higher than it opened for the month of January, 2019, one may expect the end of the year to close higher than January’s close. According to John Paul, this activity is worth paying attention to because of a decent degree of historical accuracy.
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