Browse Symbol Stacks: $SPY: Technical pattern of stock - $SPY TREND
Technical pattern of stock - $SPY TREND
Last week, I made a few posts that dealt with trading psychology of the average swing/momentum trader. Specifically, I made the point that I did not care if the market was overbought because I will follow the trend as long as it remains intact.
As a follow-up for those who have an interest in trading psychology, I just posted a new article titled "Top 2 Reasons We Don't Fight The Stock Market's Trend." In this article, you will see that we DO INDEED sell short...in downtrending markets. You will also see 2 very good reasons why we do not sell short in uptrending markets.
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