Mid-week market update: The usually reliable S&P 500 Intermediate Term Breadth Momentum Oscilator (ITBM) flashed a buy signal in the third week of June when its 14-day RSI recycled from oversold to neutral. The S&P 500 consolidated sideways for about a week and resumed it climb. This is the story of why I did not act on the buy signal and the lessons learned.
The full post can be found here.
How I missed a trade (and what I would do)
July 10, 2024 at 16:08 PM EDT