Very Lackluster Day for Stocks
The momentum and volatility in stocks has subsided for the moment due to geopolitical risks, in particular political uncertainty in the US. This would be a good range trading day, if that's your thing. The Kovach Momentum indicators have basically flatlined and the Reversals indicator has pointed out some nice entry points (shown with green triangles) for mean reversion trades.
The Kovach Momentum and Reversals indicators were critical for this analysis. For access to these indicators and my cryptocurrency package, please sign up at quantguy.net
The Kovach Momentum and Reversals indicators were critical for this analysis. For access to these indicators and my cryptocurrency package, please sign up at quantguy.net
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