Get started
TradingETFscom

The Short Term Bottom Almost Here!

Percent of Stocks Above 200-Day Average (INDEX:MMTH)  
TradingETFscom  
INDEX:MMTH   Percent of Stocks Above 200-Day Average
Trend Analysis Chart Patterns Technical Indicators trading bottom ETF etfs Stocks stockmarketanalysis
4
0
trendanalysis chartpattern indicator trading bottom etf etfs stocks stockmarketanalysis
We posted this chart back on Feb 28th (see related ideas chart) and we said that we were looking for the number of stocks below their 200 DMA to hit the lows of 2018 before we see a Short Term Bottom. We are now in this area as you can see in the chart (white parallel lines). We are now looking to put Long trades on over the next 1-3 days.

Related Ideas

TradingETFscom
What we're looking for to suggest a bottom is in!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.