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 are hammering out bottoms using the Moxie Indicator patterns and setups. Many names are waiting for their turn, which could be during the next leg up once the market pulls back.
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...