7 Keys in Timing Stock Market Tops
NEW YORK (TheGoldAndOilGuy.com) -- Timing stock market tops and bottoms is risky business and we all know the more the more risk we take the more potential gain would could also make. Correctly timing a top or bottom for any investment is flat out exciting not to mention financially rewarding. But this high risk trading tactic does come with some major issues which you must FULLY understand so that you can protect your capital and self-confidence.
On May 13 I wrote a special report on how to spot market tops just before they happen and how to do it with a very high probability of success. I also explain the major pit falls to be aware of so you stay on the right side of the market.
That special report truly showed you what was going to happen a few weeks before it did. Much like how this report shows you what is likely to happen in June.
Looking at the market with my "You Are Here" type of using cycles, volume, price patterns and momentum to forecast what is likely to unfold in the coming weeks. Depending on the time frame used for my analysis I can figure out with a high probability where price will be in a few minutes, hours or days also.
Market Directory -- You Are HereStock market tops are tough to trade and time. That is because there are so many things happening in the media and emotions running wild that it's tough to get a grasp on what you should really be focusing on to keep a level head trade around it. Market tops are typically not an event but rather a progression that takes much longer than most individuals expect. I still find myself jumping the gun at times and I know this and have been through this process hundreds of times in various investments. The human brain is a powerful tool but emotions can force you to override your rules/strategy still.
Stop Fighting! -- Bulls & Bears are BOTH Correct at this StageIt does not matter where you go to get your stock market news and reports... Everyone is arguing their bullish or bearish case more than ever. There is a reason for this and it's because the S&P 500, DJIA, RUT and Nasdaq appear to be entering a cycle top. What does this mean? It means the uptrend is almost over from a technical analyst point of view, and those who have been bearish for a long time feel in their gut the market topping out more now than ever.
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