Six Rules for Negative Momentum
Buying pressure has declined for three straight days... that could be a sign of a short-term top and pending selloff like August 2022 and February 2023. Here's what to do...
Wednesday, June 21, 2023
Dear Fellow Expatriate,
We’ve had three straight days of weakening buying across the markets. That’s typically an early bearish sign – a BIG RED FLAG that this market could drop sharply over the next two weeks. It’s time to tighten up your stops.
It’s time to add some hedges.
Momentum — in my world — is a measurement of capital infl…
