McDowell s Special Market Report Using the TradersCoach.com Software Tools

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1 McDowell s Special Market Report Using the TradersCoach.com Software Tools

2 JULY 2018: Welcome to this month s Market Report! This written report is going to forecast the Dow Jones Industrial Average (hereafter also called the DJIA or market) on a daily, weekly, and monthly timeframe. In addition, I will unveil five of my favorite trade setups in the markets using the ART Software, Elliott Wave, and the advanced trading techniques as outlined in The ART of Trading book. If you like what you read here, you will love the Elliott Wave Online Home-Study Course! Go to and check it out. We cover EVERYTHING about the Elliott Wave and how to use it to make money in the markets! Also, feel free to send any feedback or suggestions to me directly via at Bennett@TradersCoach.com. Finally I want to thank you for subscribing to the Market Oracle Report! Trade well... Bennett McDowell, CEO of TradersCoach.com

McDowell s Weekly Market Opportunity Report (MOR): If you love Bennett s Monthly Market Report, then you will love his WEEKLY MOR Subscription Service!

3 McDowell s Weekly Market Opportunity Report (MOR): If you love Bennett s Monthly Market Report, then you will love his WEEKLY MOR Subscription Service! And we have a special VIP price for our new friends!!! Many of Bennett's students call him the "Oracle" because back in October 2008, he called the crash with such precision - that his followers were amazed. It was in 2008 that he started teaching his students how to forecast the markets just like he did for the October crash - using his unique approach to Elliott Wave analysis. But there is an easier way to get these crystal clear forecasts that includes weekly and monthly Elliott Wave trend analysis too. Not to mention weekly upgrades, downgrades, inside market comments, and more! We call it MOR - "Market Opportunity Report" that Bennett releases once a week on Sundays. LIMITED TIME VIP OFFER FOR OUR TRADESTATION MARKET BRIEF FRIENDS Click Here To Get MOR From Bennett! This service is so comprehensive that you get BOTH the short term forecast and the long term forecast - EVERY WEEK BEFORE THE MARKET OPENS ON MONDAY! PLUS: You get Bennett s best trading opportunities and support to learn how to implement this information and monetize it by putting it into action right away. You really should check it out! P.S. You ll love his stock trading picks he includes each week too like this one

4 General Introduction Markets are dynamic and always in constant flux and therefore forecasts need to be updated to keep abreast of these changes. Hence the ORACLE package was created to deliver you the current high probability forecast and to adapt along with the markets to keep you up to date of the latest market information. When we render a forecast we are using several different forms of technical analysis and it becomes a game of "connecting the dots" to create a forecast probabilities matrix. This matrix that I've developed has led to some remarkable calls on the market. You can learn all about how this "Probability Matrix" works in my Elliott Wave Online Home Study Course available at TradersCoach.com. When using the Elliott Wave for forecasting methods, it is important to realize that we will not always be perfect and so therefore we always use risk control on each trade taken regardless of how certain or how high the probabilities are that our forecast is correct. In doing this, the risk is always accounted for and respected. The ART Software available at TradersCoach.com is an excellent tool to use for exact entries and exits based on "market realities" so you can properly employ risk control on each and every trade even when using forecasting methods like the Elliott Wave. You do not want to have any big losses so use risk control and do not get "married" to a trade based on any forecasting method! Let s take a look at the overall market technically... TECHNICAL ANALYSIS FOR MARKET FORECASTING: We use Elliott Wave theory to formulate market forecasts along with Fibonacci numbers for various price retracement and extension Target Zones. I extend this analysis further with what I call my Wave Probability Matrix where I assign percentages to various indicators and price levels for the highest probability wave counts. Elliott Waves 2 & 4 corrections are always a big challenge to forecast since there are so many different types of corrections, triangular, simple, complex, diagonal, etc. What I do however is go with the highest probability forecast based on the current market facts I have at hand. Every time a turning point occurs that is within the Elliott Wave rules that has a probability of over 65% then I have to warn my subscribers that a turn maybe at hand. I also rely on key levels of support and resistance to verify the forecast. I call this method Trust & Verify.

CURRENT MARKET ANALYSIS: Detailed DJIA Market Analysis Using Charts DJIA Daily Chart: Intermediate Trend For the Week of July 2, 2018 Please Note: Full-Size Charts available in the MOR Online

5 CURRENT MARKET ANALYSIS: Detailed DJIA Market Analysis Using Charts DJIA Daily Chart: Intermediate Trend For the Week of July 2, 2018 Please Note: Full-Size Charts available in the MOR Online Homepage Same place you downloaded this report McDowell s Technical Comments on the DJIA Market: The DJIA prices remain above the key level of support marked on the chart above at $23, So, the forecast remains the same this week as last. Continue to watch the Key Level of Intermediate Price Support on the chart above because if prices go below it, then this will indicate a Major Wave 4 is emerging on the DJIA Daily chart. This Key level of intermediate price support is at $23, is important for position traders. If this price support level holds, then this correction is considered only a minor correction in a DAILY Wave 3 and not a major Wave 4 correction. Next watch the key level of price resistance at $25, If prices go above this then the probabilities of new highs sooner rather than later increase dramatically. The PTF is green signaling more highs to come, and the OWL measuring momentum is bearish (red color) this week, so more the market remains bracketed going back and forth within the channel. This market forecast, or assessment is based on technical analysis and probability models using software tools available at TradersCoach.com.

6 DJIA TRUST & VERIFY PRICE LEVELS TRUST THE FORECAST & VERIFY THE KEY PRICE LEVELS TO SUBSTANTIATE THE FORECAST! Trust the forecast but Verify its accuracy using key price levels for the remainder of the week. Here is what we are watching and want to share with you Keep an eye on these prices and ranges Estimated long-term weekly chart-based Wave 3 high to be in the $25,000 to $30,000 price range on the DJIA. This will be Wave 5 ending on the Daily DJIA chart. We have some ways to go before this price range will be achieved.

SHORT-TERM DJIA INDEX INTRADAY ANALYSIS 60-Minute Intraday - For the Week of July 2, 2018 Close-Up 60-Minute Chart Please Note: Full-Size Charts available in the MOR Online Homepage Same place you

7 SHORT-TERM DJIA INDEX INTRADAY ANALYSIS 60-Minute Intraday - For the Week of July 2, 2018 Close-Up 60-Minute Chart Please Note: Full-Size Charts available in the MOR Online Homepage Same place you downloaded this report THIS WEEK S SUMMARY: The DJIA on a 60-minute time frame is an excellent chart to forecast the next week. In other words, a short-term forecast. So, the forecast remains basically the same this week as last. Price Support is at $23, on this time frame representing the possible bottom of Wave 4. It is also possible that Wave 4 is not yet over, and this is a complex Weave 4 that means we could see one lower before Wave 4 is over. The OWL is bullish, the PTF is neutral, and TLM is bearish. Currently, the Wave 5 Target Zone is between prices levels of $27,066 and $29,371. Note that a bullish Wave 5 completion on THIS TIME FRAME should also complete the Wave 3 high on the DAILY time frame. However, this Wave count can change if the lowest Key Levels of Price Support don t hold. It is important to note that when the bullish Wave 5 finally ends on this 60-minute DJIA chart, then this will also signal the end of Wave 3 trend on the DAILY chart which will mean the beginning of a DAILY Wave 4 correction followed by a bullish Wave 5 on the DAILY chart, which means the bull run will continue for some time but with a significant correction we believe in the second half of This market forecast, or assessment is based on technical analysis and probability models using software tools available at TradersCoach.com.

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9 Disclaimer U.S. Government Required Disclaimer - Commodity Futures Trading Commission. Futures and options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don't trade with money you can't afford to lose. This website is neither a solicitation nor an offer to buy or sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website. The past performance of any trading system or methodology is not necessarily indicative of future results. CFTC RULE HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE PERFORMANCE. The information in this report is intended for information and education only and is not guaranteed by the TradersCoach.com as to accuracy, completeness, nor any trading result. It is not intended as investment advice, they are opinions only and are for educational purposes only. Bennett McDowell, TradersCoach.com, or any representative of TradersCoach.com are not financial advisors or registered advisors. Any trade recommendations are for educational purposes and ideas, suggestions or opinions should be discussed with your financial advisor, accountant, broker, and be tested before taking trades with real money. TradersCoach.com assumes no responsibility for your trading results. Past performance does not guarantee future performance and TradersCoach.com does not make any performance representations or guarantees. Any chart or trading demonstration produced by TradersCoach.com representing trades and using the Applied Reality Trading methods also known as ART or the ART Charting Software on the TradersCoach.com website or in any advertisement, seminar, brochure, CD-ROM and online demonstration, magazine, etc. are to be considered hypothetical trades for educational purposes only. No trading system can guarantee profits. Hypothetical trading results can be unreliable. ART, Applied Reality Trading, TradersCoach.com, Pyramid Trading Point, and The Long & Short Of It are all registered trademarks of TradersCoach.com, Inc. Copying and or electronic transmission of this document without the written consent of TradersCoach.com is a violation of international copyright law. Any reproduction or retransmission of the contents of this website is prohibited without the prior written consent from TradersCoach.com. The host server for the website is located in the U.S.A.

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