Price first… then tools for action
This market is showing us how important it is to know the difference between oversold and a downtrend. We need to look at price first, and then we need to use our indicators to understand what the price is telling us.
Watch this video where I walk you through important indicators and show you how the right tools will help you identify an oversold market and a downtrend. I’ll even let you in on a secret…
The tools don’t change…
The tools I use to tell the difference between oversold markets and a downtrend are the same tools you have heard me talk about so very often. This is why I say the indicators I use are designed for any market environment and any time frame.