Identifying Market Tops - Should I Stay or Should I Go
Having a method to manage profits is an essential tool for successful investors or traders. The chart SPY shows a bullish trend of the Market. As a cautious Bull, I'll generally look for Long ideas while the market stays above the RED Ichimoku Base line in the regression channel. I have no idea when this trend will change, but when it does cross below the Base line, I will lean to a bearish bias and will harvest profits as the price moves South from the top of the regression channel.
This simple process lets you know when to hold'em and when to fold'em or even walk away.
Trade Well!
This simple process lets you know when to hold'em and when to fold'em or even walk away.
Trade Well!
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