Review of Intra day US prediction July 10

For July 10 US market we predicted (see July 10 Dow 30 chart)

 

1. Volatile market ( hence a high risk prediction)
2. Sharp fall but temporary fall in last 90-100 minutes of trade
3. Going short on dow 30 in two stages when dow rises 100 and 150 points could give profits ( second target not met)

 

 

Using a mini dow $5 would have given a profit of approx $500-700( selling futures)  and $ 250-350 approx ( under Put options).

 

However this was not part of our prediction based trading fund  series