Waiting for a low stochastic and a green dot.
Share this:
- Click to email a link to a friend (Opens in new window) Email
- Click to share on Facebook (Opens in new window) Facebook
- Click to share on X (Opens in new window) X
- Click to share on LinkedIn (Opens in new window) LinkedIn
- Click to print (Opens in new window) Print
- More
- Click to share on Pocket (Opens in new window) Pocket
- Click to share on Pinterest (Opens in new window) Pinterest
- Click to share on Tumblr (Opens in new window) Tumblr
- Click to share on Reddit (Opens in new window) Reddit
- Click to share on Telegram (Opens in new window) Telegram
- Click to share on WhatsApp (Opens in new window) WhatsApp
Thank you for the green dot concept. Could you share your views on the efficacy of the concept to short the market? Specifically, do downward Sto crosses from high levels work as shorting signals?
Absolutely not. I have found the oversold bounces to be most reliable. Overbought signals do not work as well. The snap back from oversold is much more intense.
Thank you/