
Ep. 203: History Of Power Trends
Investing With IBD
What Is a Power Trend?
With such a powerful start to the year, all of these accumulation days, we're still in a down trend. Until we really break on the NASDAQ, that 13,181 level and now start establishing more of a higher high, you're still in an uptrend. This could be a sharp bear market rally right into that 13,000 level and then the down trend could resume. But from our perspective, I think the biggest thing is you want to keep it simple. We've had a fall through day, we've had a number of additional fall through days. Starting to see a number of stocks, a bunch of stocks are going to act better and better so you should have exposure
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