| In the last couple of interviews I have done with Ian Cooper, one key principle keeps coming up. Confirmation. |
Right now we are watching a market in transition. We see a pattern that has played out before. As much as we would like to believe the pull back last week was the break the market needed to recover, we can’t get ahead of ourself.
Look at this chart:
We can see in the recent past that when we saw a similar pullback we witnessed a stagger step to follow. We also are watching many signs that indicate the correction could be a reversal.
We just don’t want to get ahead of it.
Don’t rush it. The market will do what it wants to do. Let these moves confirm and get in on the winning side.
To see how Ian uses the indicators in the chart above, grab his offer for his Trade Alerts 365 and not only will you see them in action, but you’ll also get his picks which are always spot on.
Keep learning and trade wisely,
Market Wealth Daily