Wait for A Greater Pullback
Yesterday’s small pullback was no surprise because the market was so overbought. Today the overall market is neutral and another day of declines will trigger buying opportunities in the major U.S. indices.
Have a great weekend!
The above excerpt is from Larry Connors’ Daily Battle Plan – A professional-grade trading information service that will help you understand the quantitative metrics behind each day’s market conditions and how they point to selective strategies for high-probability trades.
To take a free trial to Larry Connors Daily Battle Plan and receive his market insights and ETF trade set-ups for the upcoming trading day, please click here.