Trading Tip.
Study History.
Know the Beast!
See how the last Bear Market rally failed in May.
It topped out in a trading range.
Broke below the support and then caved lower.
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Trade with the trend
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Bear Market EMA Cross: Results
~160 trades this year; almost 70%+ gain YTD
Not a universal play but a very good alternative to watching $SPY on the way down.
#DayTrading #TechnicalIndicator #trading #BearMarket2022 #StrategyOfTheDay
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