Don't fight the tide - flow with it

When it's time to buy again                                                                                                                                                                                                                                                                                                                                                                                                                 April 16, 2024 | [Read Online]( Don't fight the tide - flow with it When it's time to buy again [NEW $2k Balance Starts Today]( I [Let’s Hunt]( 🏹 I [Kaufman](👋 Help Us Welcome Don Kaufman Back 👋 [Live TODAY @ 2pm EST]( Join us today to hear from Mr. Don Kaufman of Think or Swim fame – one of the industry's LEADING financial strategists and educational authorities! Hey Folks, Jeff Bishop here. Last week, I called the first downtrend change for the market in six months – before it happened.  You can see it here in last Tuesday’s training, “[How to Spot Market Reversals](.” If you positioned your trades with me, you had a fantastic week. The question I am getting a lot right now is, “Jeff… when will you buy the market again?!” You probably know this by now, but I really hate betting against the market. Downtrends don’t usually last too long, and they are very difficult to predict. But now that the market has started to signal a downtrend, I am not going to reverse my bets anytime soon. I’d like you to look at the daily chart below for QQQ, which covers the summer of last year to today. If you recall, that was the last time the market actually had a downtrend. It lasted a few months, and then we went on an epic rally higher! If you had been paying attention to the 20-day moving average and the AI signals I have on this chart, it is pretty easy to see (at least in hindsight) that the correct bet was to go to the sidelines in that purple “No GO” area I highlighted above. Things obviously don’t go down forever. As traders, we should be anxious to buy at lows and sell into rallies after that. But, as anyone who has traded for a while knows, trying to buy the bottom is like catching a falling knife – it is a very dangerous (and expensive) game to play! The signals I will be looking for to get back in the market will start with a break back above the 20-day moving average, along with the AI signals telling me “GO” again. I don’t think this will happen soon. We likely need to see a wave of selling in order to let the market find a new support level. This is very healthy. This is natural price discovery. If you want to be a successful trader for the long-term, you will learn to pay attention to these ebbs and flows in the market. Things will go up. 📈 It is fun to ride the wave higher as we all know. Things also go down. 📉 One of the biggest mistakes I see most traders make is not knowing what part of the cycle we are in. You don’t want to fight the tide of the market. You want to flow with it. That will make your trading (and your life!) much easier. I share all of my daily insights, latest trades and live training sessions exclusively with my Alpha Hunter members. [This is my flagship trading program](. If you want to get the inside scoop on when I see trends changing and, more importantly, how I am capitalizing on them – then you need to upgrade right away. This is a critical time in the market. Many will be wiped out as trends change, but the few who know how to spot this and profit from it will likely make fortunes in the next few months. I always want you to be on the right side of the trade. [It starts with Alpha Hunter in your corner.Â]( I’ll be dropping my next trade later today. I hope you don’t miss out… And hope to see you in [THIS ROOM today at 2pm EST]( for my interview with Don Kaufman! Jeff Bishop P.S. As always, it’s worth contacting Davis Martin 1-800-585-4488 / davis@ragingbull.com) for questions or see what types of payment plans he can set up for any of our services. Reach out, he’d love to hear from you! Questions or concerns about our products? Email Support@ragingbull.com © Copyright 2022, RagingBull DISCLAIMER: To more fully understand any Ragingbull.com, LLC ("RagingBull") subscription, website, application or other service ("Services"), please review our full disclaimer located at . FOR EDUCATIONAL AND INFORMATION PURPOSES ONLY; NOT INVESTMENT ADVICE. 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