Large One-Day Gains After Stock Market Corrections
Large one-s in the indexes can give you the feeling that you are missing out. Just remember, the largest s in the usually occur during stock corrections. A 2.9% on Oct. 16 put the Nasdaq composite back above its 200- moving average (2). Though it was enticing, it quickly failed.
Follow-through Days Using Swing Trading Strategies
Follow-through days are a stronger signal than a single one-day gain. That’s where you get a powerful gain on volume heavier than the previous day on day four or later in a rally attempt. It confirms the initial strength of a one-day gain and suggests the stock market correction may be over. But they don’t all work.
This is an article about where to invest in a bear market. Let’s watch it together. If you have any questions, please reply with your thoughts and ideas.