Profitable short trades are enhanced when correctly analyzing the overall market trend. Profitable short trades are confirmed utilizing strong sell signals and trading below the T line. As illustrated in CVNA , a strong downtrend is in progress with the evidence of a bearish kicker signal. Strong sell signals, even during a downtrend, provides evidence the bears are still in strong control. Obviously, remaining in short trades has produced excessive profits during this current market downtrend. When will there be a bottom to this market? You do not have to guess at that answer when utilizing candlestick reversal signals.
Chat session tonight at 8 PM ET. Click here to register.
Good Investing,
Stephen Bigalow