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.
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