Market Timing Signal: Down

Even Apple Couldn't Save The Market Today

There was so much to go over tonight I had to make two videos. Yes my timing signal turned bearish today but it wasn't time to enter the shorts. I will wait for a bounce before entering as I've refined my entry as the markets nearly always bounce slightly which should offer an excellent reward/risk trade. This does run the risk of the markets continuing to head lower without bouncing but after looking over past sell signals the odds are higher for a bounce so over time this strategy will produce higher returns even if that means missing out on a trade once in awhile.

It helps that I'm already short the Toronto markets as they nearly always move in tandem with the US markets so a sell signal on the US markets acts as confirmation that the trend in the Canadian markets is down.

Start generating weekly cash-flow from this bizarre trading strategy

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Posted In: MarketsTrading Ideas
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