In this episode, TG goes through a few examples of how the market might continue before doing the 1 - 2 punch of a pullback and topping pattern. TG is seeing a ton of names that are in what he calls the Weekly Arch of the Foot, and therefore he is expecting those names to begin to pull back. If the pullback is into support, as he shows with NIO and many Chinese names, then we can go long when that condition arises.
In today's video TG reviews the major indexes and large-cap stocks which are in elevated areas that he's not comfortable putting new money to work on the long side. TG wants to see a pullback into support to see what the new opportunities will be. In the meantime, TG also reviews how some names a...
TG demonstrates how the Moxie Indicator can be used on a longer time horizon to see when the overall trend is changing for both the long side and the short side. In addition to seeing divergences between price and the Moxie Indicator, TG incorporates the Price Triggers, and finally the Trampoline...