DOW Theory is the king of the stock market (Higher Lows, Lower Highs, uptrending, etc.) and it's quite basic concept to apply with logic.
Sometimes you can time the market (based on 50dma/200dma crosses, price extensions) and LHIGH dynamics and logic -> to pinpoint probabilities. Like, look at VIX dynamics during 2023/2024.
in short: DOW + LOGIC = PROBABILITY.
Sometimes you can time the market (based on 50dma/200dma crosses, price extensions) and LHIGH dynamics and logic -> to pinpoint probabilities. Like, look at VIX dynamics during 2023/2024.
in short: DOW + LOGIC = PROBABILITY.
Note
*IF market crashed previous HIGH, wherever it peaks is the new bottom, ie easy. If this isn't common sense. lolI guess you still need to know to read "macro", cycles, maybe intermarket movements. Other than that, quite basic.
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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.