Check post below first.
When you see some classic signals that say the momentum is finished for the moment , take the profits and trade them the other direction. Keep your eyes open for the trends to continue or reverse.
S&P and QQQQ stalled / stopped.
FAS
SKF
SRS
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2 comments:
hwo did you tell the market was stalling, did you look at the charts for ALL the etfs, or did you look at spy and qqqq charts, and what did you see?
I compare the size of the candles. A trend with momentum behind it has big candles. When I see small candles appear that says momentum is stalling.
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