I’ve been one of the more bullish traders / analysts out there, but even I need to take notice of the various warning signs out there that suggests a breakdown may be coming. We’re looking at the Relative Rotation Graphs (RRG’s) that show value is rotating in, and combined with the technical position of the NDX 100 we’re getting cautios. As a result, we made a move today to hedge our open stock positions in TradingAnalysis.com Active Opps portfolio.
Media Alert; Todd will be on CNBC discussing the state of the market Wednesday May 8th at 5:30 AM EST – Tune in, if you’re an up and at ’em kind of investor.
Todd Gordon
Founder and Lead Analyst of Trading Analysis
Todd has been trading as a career for the last 20+ years. His goal is to not only provide insightful analysis, but to teach people how to think and grow as professional traders. Todd is a practitioner of Elliott Wave Theory and he uses it to gain an edge in the highly competitive trading arena. In addition to trading professionally, Todd has worked as an analyst and researcher at two different hedge funds. Click Here To Learn More about Todd Gordon
Hi Todd, your explanation of sector rotation is one for me to track going forward.
Thank you for the presentation.