The market has cracked through support with 418 stocks down 4% or greater. Currently, we have been in a defensive posture since late October and remain defensive until we see a significant breadth thrust to the upside. Read more about breadth thrusts here.
Recommended Blogs
The Goal
The goal of this website is to provide tools, trade ideas, and concepts on momentum trading.
This site is for you if:
1. You are looking for tools to reduce the amount of time needed to research and discover stocks at their proper buy points.
2. You are working full-time but still want to trade on a short to mid term basis.
3. You do not want to baby sit your browser all day; frantically refreshing it to catch the next trade recommendation.
4. You want to learn about stock selection, entries, exits, and money management.
This site is for you if:
1. You are looking for tools to reduce the amount of time needed to research and discover stocks at their proper buy points.
2. You are working full-time but still want to trade on a short to mid term basis.
3. You do not want to baby sit your browser all day; frantically refreshing it to catch the next trade recommendation.
4. You want to learn about stock selection, entries, exits, and money management.
No Response to "Break Down"
Post a Comment