By combining these layers, you ensure that you never accidentally short an asset that is in a powerful daily uptrend, or buy a stock trapped in a macro bear market. The Four Market Stages
Here is the interpretation of
Price alone does not tell the whole story; volume represents the fuel behind the price move. Shannon places heavy emphasis on the relationship between price action and volume. A healthy, sustainable uptrend is characterized by: By combining these layers, you ensure that you
The 20-day exponential moving average (EMA) and the 50-day and 200-day simple moving averages (SMA) are used to define the trend and find dynamic support or resistance. By combining these layers
Short-term charts (30-min/15-min/5-min) tell you the timing of the entry. By combining these layers, you ensure that you