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Traders need to stay aware of relevant news, economic data and market trends so that they can adjust their strategy if necessary. 8 Top Trading Strategies to Increase Your Chances of Profiting ...
Well, as they say, ” 60% of the time, it works all the time ” [Anchor Man], and the market stopped following the average seasonal path. Moreover, the index is now trading at around $18710.
Function: Counter Trend. Mode: Corrective. Structure: Navy blue wave B. Position: Gray wave 2. Direction next lower degrees: Navy blue wave C.
Counter trend trading, or in this case shorting NDX when the index is in an uptrend, can be a dangerous approach. Specifically, a pure short position using an ETF or futures may result in ...
It's also trading in line with its most conservative PTs, which was recently downgraded. Therefore, we believe there's a near-term counter-trend opportunity for speculative investors to add TWLO ...