Next the market actually gets over bought because it went up so fast.
At that point you can lock in your profit but once the market goes lower in the next few days YOU MUST go back in because it won't be over bought anymore.
You had 2 chances to do that. Now you just hold LONG
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So we move into buying at the bottom of the down trend and then selling the bounce when the S&P hits the 50 sma that Blue line. We Only play for oversold bounces until it breaks over the 10 sma then it becomes a hold long trade. twitter.com/MasterBJones/s…