We started our day at Charts and Coffee by addressing the elephant in the room: What is going on with this current market? Should I start shorting the market? Which way should I go?
Get your gauges (indicators) right, and the answers will be far clearer. You need to understand how to measure trends, sentiment, and momentum to identify if the markets are going up, down, or neutral.
Check out this morning’s conversation to help you determine where to look and what strategies to use in today’s chaos.
It’s not an easy market but there are tools and strategies to ride you through times like the ones we are dealing with RIGHT now! Let’s look at the charts…