I'd like to discuss some very interesting market signals that I've spotted, as a result of tracking the US equities, FX, Commodities and Cryptocurrency markets on a daily basis.
Many times people ask me about specific markets, or, decide to focus on one market they like. This is not the optimal way to approach trading in my opinion, since a market can be in a rout for a long time, with prices stuck in a sideways range, or, simply in a bear market, without
too much liquidity or interest from investors. The latter is the worst kind of market action, as far as efficiency of trading signals goes, and I will explain why in video publication I will share the link for soon.
We're looking at the #SPX chart here, I find it very interesting when there are big declines in this market,
since more often than not, we can catch very interesting opportunities on the long side in US equities. But we also need to be prepared to anticipate tops, and extended declines or sideways action, which normally come after sentiment turns around. Most of the time, since the last financial crisis the world endured, sentiment tends to be bearish among the public and specialists, normally turning less bearish or bullish near local market tops, which can be followed by corrections or consolidation patterns of different duration.
I'll publish a link to a video publication in related ideas very soon, stay tuned.
Hope you all have a great weekend,
Cheers.
Ivan Labrie.
Many times people ask me about specific markets, or, decide to focus on one market they like. This is not the optimal way to approach trading in my opinion, since a market can be in a rout for a long time, with prices stuck in a sideways range, or, simply in a bear market, without
too much liquidity or interest from investors. The latter is the worst kind of market action, as far as efficiency of trading signals goes, and I will explain why in video publication I will share the link for soon.
We're looking at the #SPX chart here, I find it very interesting when there are big declines in this market,
since more often than not, we can catch very interesting opportunities on the long side in US equities. But we also need to be prepared to anticipate tops, and extended declines or sideways action, which normally come after sentiment turns around. Most of the time, since the last financial crisis the world endured, sentiment tends to be bearish among the public and specialists, normally turning less bearish or bullish near local market tops, which can be followed by corrections or consolidation patterns of different duration.
I'll publish a link to a video publication in related ideas very soon, stay tuned.
Hope you all have a great weekend,
Cheers.
Ivan Labrie.
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