Forward Guidance cover image

The Technicals Are Bearish | Katie Stockton

Forward Guidance

00:00

The Tension Between Trend Following and Short Term Trend Following

If a stock has fallen 12 days in a row the momentum says This this stock is trading horribly I mean, it's clearly going to go down more. So if the s&p 500 is below its 200 a moving average like it's in a bear market It it might not do that well Whereas on the intraday thing and you know, I use a very basic thing like RSI relative strength indicator. That are on the short term of saying hey Tesla has gone down 12 days inA row it may be due for a reversal. And people love counter trend trading, but it is lower probability than following primary trends across time frame.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app