The last time we saw this setup, the position increased by 12% in about six weeks. You can predict when this rise will happen by looking at a specific pattern. The longer it holds, the clearer it becomes that a big move is on the way.

Today, we’re noticing the same pattern again, indicating another jump might be near.

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Chris Douthit
Chris Douthit

Chris Douthit, MBA, CSPO, is a former professional trader for Goldman Sachs and the founder of OptionStrategiesInsider.com. His work, market predictions, and options strategies approach has been featured on NASDAQ, Seeking Alpha, Marketplace, and Hackernoon.