Move To The Sidelines For the S&P 500, Nasdaq, and Dow
It’s time to stop trading and move to the sidelines.
Knowing WHEN to trade is just as important as knowing WHAT to trade. All the major indices have dropped into a trading range and until we know which group, the bulls or the bears, has control, it’s best to sit on the sidelines.
As a review our goal is to wait for one group to emerge as dominant then place our bets on that group.
In the video below, I examine the S&P 500 falling to a fresh two-week low, and the big question is this a correction, or the start of a major trend on the downside?
Enjoy and leave any comments you might have below.
