Here’s Why It’s Worth Your Time To Look
Sometimes the best
thing we can do for our trading is…
to “sit on our hands,” and watch for
the setup to develop. It might not sound exciting, but when the markets become
oversold and critical support levels are within our “sights,” being
prepared to react properly at market reversal points, is well worth the
wait.
With the
(
$VIX.X |
Quote |
Chart |
News |
PowerRating) and the ETFs reaching
levels that could produce very nice reversal steups on the daily charts, I
thought it would be appropriate to let you see the forest, and not the tree in
today’s report.
We might not be there quite yet, but the
evidence is building up, and definitely worth more than “5 minutes of your
time.”