Tip: "Stock Above 5-Day Average" Chart
Happy New Year Folks! Wish everyone here a profitable 2025.
One of my tools I use to look for favorable swing trading is the "Stock Above 5-Day Average" chart. In it, I can see where we are in the cycle of swing trading. I like to start looking for new setups when we are under the 30 line and starting to cross the 3-day moving average (white line). It's not a perfect tool, but it puts the probabilities to my advantage. So having said that, I am seeing that the Russells 2000 had a crossover alerting me to consider small caps to swing trade. **Coming Soon... YouTube.
One of my tools I use to look for favorable swing trading is the "Stock Above 5-Day Average" chart. In it, I can see where we are in the cycle of swing trading. I like to start looking for new setups when we are under the 30 line and starting to cross the 3-day moving average (white line). It's not a perfect tool, but it puts the probabilities to my advantage. So having said that, I am seeing that the Russells 2000 had a crossover alerting me to consider small caps to swing trade. **Coming Soon... YouTube.
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