Stocks continue to be 'Oversold' under the downtrend channel of the 2022 bear market decline. Stock indexes are on the Edge. If they continue to fall the secular bull market will be in peril. Two secular upward trends are now being violated and must immediately be reversed to have the potential to be saved. One bullish hope is the emergence of 'Green Shoots' in various breadth indicators. Two indlcators are profiled.
Future episodes will focus on the 'Power Charting Trend Model'. A trend model case study is profiled. Future episodes will demonstrate how to identify long term uptrends and scans for finding best ideas.
To conclude Johni Scan profiles a scan for swing trades employing Rate of Change and MACD indicators.
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