This Simple Rule Tells You If the Market Is Bullish or Bearish

Trade the market in front of you, not the market you want to see. [Jeff Clark's Market Minute]( This Simple Rule Tells You If the Market Is Bullish or Bearish By Imre Gams, analyst, Market Minute Trade the market in front of you, not the market you want to see. This is key if you want to make money over time as a trader. We all have biases. These are present in every part of our lives – including when we trade. For example, I’m naturally bearish. I’m always looking over my shoulder waiting for the market to drop. If I let that bias influence my trades all the time, I would have gone broke a long time ago. That’s why, as difficult as it is, it’s important to approach trading with as neutral a perspective as possible. That means using a systematic approach to market analysis. For me, that means letting a simple rule, not my natural bias, determine if the market is trading bullishly or bearishly. Today, I’ll show you what that rule is… and how you can apply it to your own trading. We’ll also look at why this rule means I’m trading stocks bullishly right now. Recommended Link [New Cash Law Will Be Disaster for Savers]( [image]( New law has experts warning seniors and retirees to beware. There's a darker truth behind this financial bombshell… [Read The Full Story Here.]( -- Figuring Out the Market’m Mood To help me figure out the mood of the market, I use something called a simple moving average (SMA). If you’ve been trading for some time, you’ll know what this is. But if you’re still finding your feet as a trader, let me explain… The SMA shows the average stock price over a specific period. It smooths out the daily ups and downs to give you a clearer long-term trend. If the market is trading above its 20- and 50-day SMA, I maintain a bullish stance no matter what. It’s only when the market breaks below both SMAs that I look to play the downside. If the market is in between the SMAs, or above one but below the other, take a more neutral approach. So, where is the market now according to this framework. Free Trading Resources Have you checked out Jeff's free trading resources on his website? It contains a selection of special reports, training videos, and a full trading glossary to help kickstart your trading career – at zero cost to you. Just [click here]( to check it out. This Market Is Still Bullish It’s all in the chart below of the blue-chip S&P 500 index. It tracks the average performance of the largest 500 stocks in the U.S. That makes it a great barometer for the U.S. stock market. [(Click here to expand image)]( The black line on the char tis the S&P 500. The blue line is the 20-day SMA. And the red line is the 50-day SMA. As you can see, the S&P 500 is above both these lines. That means my rules prevent me from loading up on bearish trades. Until we break below both those SMAs, I’ll be looking to play the upside with my trades. That means trading stocks that have room to continue going higher. And I recommend you do the same… no matter what your gut is telling your to do. Happy trading, [Signature] Imre Gams Analyst, Market Minute IN CASE YOU MISSED IT… [Predict 2024’s Top Stocks BEFORE It Happens?]( What if you could predict the top-performing stocks of 2024 – BEFORE it happens? Today, millionaire trader Jeff Clark… - [Who predicted every major crash since 1987…]( - Who helped his readers double their money 26 times during the 2008 crisis… - And 47 times since the 2020 crash… [Is now coming forward with his 41-year trading secret.]( A way to predict the future movement of a stock, in advance. [This secret has allowed anyone to collect gains like 106%... 267%... and 475% – time and time again.]( [CLICK HERE for Details.]( [image]( [Jeff Clark's Market Minute]( Jeff Clark Trader 55 NE 5th Avenue, Delray Beach, FL 33483 [www.jeffclarktrader.com]( To ensure our emails continue reaching your inbox, please [add our email address]( to your address book. This editorial email containing advertisements was sent to {EMAIL} because you subscribed to this service. To stop receiving these emails, click [here](. Jeff Clark Trader welcomes your feedback and questions. But please note: The law prohibits us from giving personalized advice. To contact Customer Service, call toll free Domestic/International: 1-800-752-0820, Mon–Fri, 9am–7pm ET, or email us [here](mailto:contactus@jeffclarktrader.com). © 2024 Omnia Research, LLC. All rights reserved. Any reproduction, copying, or redistribution of our content, in whole or in part, is prohibited without written permission from Omnia Research, LLC. [Privacy Policy]( | [Terms of Use](