For the last few weeks Todd Gordon of TradingAnalysis.com has been tracking the S&P 500 in a correction that sets up the next down wave down. The market has been rallying within the confines of the correction sending the level of hate mail, tweets, and YouTube comments into a technically overbought condition. This is a very rare occurrence, but when it does happen it suggests a reversal is imminent.
In this video he shows you that with the proper option strategies, you can be wrong in your analysis and still make money. Todd also shows you where the market is likely headed.
Learn more about TradingAnalysis.com here.
Plan Your Trade, and Trade Your Plan,
Todd Gordon
didn`t once hear about the best indictor you know1
Neil,
The indicator he's talking about is the level of hate mail, tweets, and YouTube comments he got sending the market into a technically overbought condition. Todd said that when he sees the level of the hate comments rise something is about to happen.
Best,
Jeremy