One Simple Strategy. ANY Market. ANY Chart. ANY Time-Frame
Many investors may not like to hear this, but I think the market will retreat. Why do I say this and with what guarantee?
The truth is that I have no idea of when it will happen but the probability of it happening is increasing as time prods forward. And I think it will turn eventually and head back to the short side on multiple time frames (see below).
Does this mean there aren’t any opportunities on the long side and that you should stay out of the market? Absolutely not. However, eventually the stock market futures indices will close what I call the Open Daily Gaps. This would also include any open gaps on the the ETF’s that associate with the major futures indices.
Just to clarify, I am talking about regular trading hours. This is where the volume is and that is why I like to use regular trading hours (RTH) charts. The ETF is restricted to those hours and thus the picture is the similar.
So What does this look like?
Article continues here @SeeItMarket
Good Day, Good Night and Good Trading,