Last week saw the markets exhale a bit and catch its breath after pushing to repeated new heights the week before. Or maybe the rally is having some chest pain and is about to head to the ICU. That level of uncertainty can send us traders to the ICU if we don't have a solid plan that protects us and actually pays us when we see these big shifts. Keep your eye on a couple key indicators to make sure you stay ahead of the market. First watch volatility. The VIX is continuing a downtrend it has been on since the crash last year. That said it has whipsawed its way down and each spike has been directly correlated to a dip in the markets. There is a key indicator on the VIX at 20 and it will be a critical warning if we see it break that level and go higher. The other critical indicator to watch is the S&P. It has consistently (and I mean broken record consistently) found support at its 50 day moving average. Just last week it turned below its 10 day moving average and looks like it will head to the pillow it keeps resting on at the 50. That number is about 4430. If it breaks through that level then it is time to buckle up. These key milestones should help provide a reference for when the market is truly reversing from this long uptrend we have seen. If you are looking for more ways to make sure you are ahead of a big market move you should watch the video that Wendy Kirkland invited her students to earlier today. If you missed it you can still access the link here © 2021 Tradewins Publishing. All rights reserved. | Privacy Policy | Terms and Conditions | Contact Us The information provided by the newsletters, trading, training and educational products related to various markets (collectively referred to as the "Services") is not customized or personalized to any particular risk profile or tolerance. Nor is the information published by Universal Financial Independence Inc., ("Universal") a customized or personalized recommendation to buy, sell, hold, or invest in particular financial products. Past performance is not necessarily indicative of future results. Trading and investing involve substantial risk and is not appropriate for everyone. The actual profit results presented here may vary with the actual profit results presented in other Universal Financial Independence, Inc. publications due to the different strategies and time frames presented in other publications. Trading on margin carries a high level of risk, and may not be suitable for all investors. Other than the refund policy detailed elsewhere, Universal does not make any guarantee or other promise as to any results that may be obtained from using the Services. Universal disclaims any and all liability for any investment or trading loss sustained by a subscriber. You should trade or invest only "risk capital" – money you can afford to lose. Trading stocks and stock options involves high risk and you can lose the entire principal amount invested or more. There is no guarantee that systems, indicators, or trading signals will result in profits or that they will not produce losses. | |||
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