Nasdaq is close to a daily sell, might be rotation but I doubt it. INDU still leading.
SPX
Started by
NAV
, Sep 18 2017 10:12 AM
12 replies to this topic
#12
CLK
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Posted 20 September 2017 - 10:18 AM
Nasdaq is close to a daily sell, might be rotation but I doubt it. INDU still leading.
There is the daily Nasdaq sell, SPX to follow. Anticipating turns doesn't work if you are trying to do that every day, but it does
work with a high percentage if you are very patient and wait for the right setup, maybe not get one even once a week.
#13
NAV
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Posted 20 September 2017 - 10:38 AM
Nasdaq is close to a daily sell, might be rotation but I doubt it. INDU still leading.
There is the daily Nasdaq sell, SPX to follow. Anticipating turns doesn't work if you are trying to do that every day, but it does
work with a high percentage if you are very patient and wait for the right setup, maybe not get one even once a week.
You got that right. You cannot predict the markets everyday and get it right. You would be a stinking billionaire if you could do that. Yet that is what most people try to do. But as you said, if you observe the daily charts and patiently wait for the turn, you can more than often catch those turns with few whipsaws.
Edited by NAV, 20 September 2017 - 10:39 AM.
