Yesterday I alerted readers that major market indexes broke a price level that I refer to its "line in the sand".
When this line breaks, the market (or individual stock) is at risk of experiencing a significant sell-off.
For example…
When this same line was broken in the bond ETF (TLT) a few weeks ago…
The TLT promptly experienced its worst 10 day decline since 2016!
This isn't meant to scare anyone, and for some it will be good news.
However, it is an indicator that trading the market will likely get harder before it gets easier.
That's why I'm hosting a live training at 12:00 (ET) TODAY
Join me today LIVE here and discover:
1. Why the market's going to get worse (or harder), and
2. What to do about it (how to trade it)
3. A handful of trade ideas that demonstrate #1 and #2 above
In this training you'll also discover…
- Why Most Traders Will Struggle To Be Profitable In 2021.
- Why 2021 Is A Very Different Bull Market Than Last Year, and How To Profit From It!
- How To Ensure You're Prepared For The Next Big Move (Up or Down) In Stocks.
- 3 Criteria That You Can Use To Identify The Best Trend Trades in 2021.
- The Market's "Line In The Sand."
If this price level is broken watch out for a major sell-off!
As you can see from the bullet points above...
This line in the sand is just one of many important trading strategies and tactics I'll be sharing to help you trade more profitably in the current market!
Click here to register now
I hope to see you there.
Best wishes for your trading,
Geoff Bysshe
President
MarketGauge
No comments:
Post a Comment