A Mosaic Approach to Find Turning Points
Today was a perfect example to see my tools in action.
Today was a perfect opportunity to see many of the tools I use in action. This obviously makes for a great learning experience, hence my 2nd post of the day.
Never let a good learning opportunity go to waste.
If you haven’t had a chance, check out my post from this morning, where I discussed the technical lay out that a bounce was in order.
Study the chart and commentary below if you wanna get a really good feel for how markets work.
At the end of this post, I share my stockcharts.com settings so you can see what I see and track this stuff on your own.
Now let’s have a look at the signals we saw today:
Lack of Supply of Stock
Candlestick “entry” signals