Another stomach churning dip, and another recovery. How does this happen? More importantly, when will you know that this healthy, profitable cycle has ended? These rolling hills as the rally climbs are a consequence of money rotating within the sector. Trading has trended toward more short term positions in recent history and even more so in the last few months. With a general feeling of uncertainty traders are locking in profits and looking for the next trade. To do that, positions have to be sold. This causes the dips.
For you, there are two things to focus on. Where is the money moving now and when will we see this upward wobble end?
Keith Harwood walked through the key number to keep an eye on in our market chat yesterday. Plus he spotted a sector that is poised to win as traders look for the next place to put their money to work. Check out the chat:
To be honest, he has a couple very unfair advantages. His experience as a market maker definitely gives him an edge that is tough to replicate. But the tools he has put together using his accumulated knowledge and a lucrative use of AI are accessible to everyone. In the chat we looked at his Profit Accelerator and he showed how it zeros in on great trades that are being overlooked by many. Here is how you can check it out.
We are going to keep an eye on the market wobble and see how Keith’s latest pick plays out.
Keep learning and trade wisely.
John Boyer
Editor
Market Wealth Daily
Recent Comments