ES Monthly chart - how to time the market
Background:
-I look for trends in everything, PA and indicators
-Monthly charts are very helpful for timing long term investments
-momentum matters; RSI is the only true leading indicator that I have found
What's on this chart:
-macd
-PA
-rsi
-bottoming volume bars
What can be learned from this chart:
-key market declines have occurred when the M rsi returns downward from an overbought range
-key market upswings are usually more V shaped on the M candles (shorter timeframes show more rounded base)
-approx dates placed where the M rsi showed a top/bottom
-macd useful for confirmation of market movement
-I look for trends in everything, PA and indicators
-Monthly charts are very helpful for timing long term investments
-momentum matters; RSI is the only true leading indicator that I have found
What's on this chart:
-macd
-PA
-rsi
-bottoming volume bars
What can be learned from this chart:
-key market declines have occurred when the M rsi returns downward from an overbought range
-key market upswings are usually more V shaped on the M candles (shorter timeframes show more rounded base)
-approx dates placed where the M rsi showed a top/bottom
-macd useful for confirmation of market movement
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.