I have been looking for 5200 by year end, any dip is a buy opportunity.
That said, the only good buys are from daily oversold, you have to wait days/weeks on them though,
you can make some money trying to get a little more out of daily overbought, but it's a lot more difficult because there are a lot of flat narrow range days to deal with, the big sustained moves are from oversold, when it gets back to new highs it's over with, stalls out. Trying to short in an uptrend you will be wrong and lose a lot, day trades and get out quick you may be ok. Outside of that, there is really nothing safe to trade, just keeping long term positions and wait for daily oversold again.
Edited by CLK, 30 May 2021 - 01:25 PM.
