A sustained downtrend where short positions are favored and rallies are met with selling pressure. Strategic Trading Tools
Shannon emphasizes that every market moves through four distinct phases, and your strategy must change depending on the stage: A sustained downtrend where short positions are favored
If you are serious about trading, focus on the of these timeframes. Start by analyzing your favorite stock on a Monthly, Weekly, and Daily scale. Do the trends agree? If not, you might just be looking at a "trap." A sustained downtrend where short positions are favored