RE: Watchlist - Traders method
Quote:Thanks Locked in, I think they are really good looking charts. My only concern is the WOE (weight of evidence) not being convincingly bullish at the moment keeping me in suspenders. On that basis I think continuation buys using the trader method is the way to go for now?
For sure- I am too scared to go for anything long term at the moment. I might make a few short term trades because I think there is still a little rise left in the market. I am currently making a short watchlist in the event this market turns bearish. This S&P chart illustrates the point pretty well. I guess if it were to break out from 1600 we would have to re-evaluate.