In this week’s market breakdown (you get this breakdown weekly with a paid subscription to Adam Mesh Live), Christian shares some interesting divergences.
CMT, Christian Tharp, says he’d not be surprised if we see some pullbacks since the gap ups post-election.
He’s not surprised if we see some choppiness the next few weeks.
However, he warns, “Bearish signals fail more often in a bull market and vice versa.”
It doesn’t mean sell everything… more, don’t leverage up on your trades. Take it slower.
In today’s market breakdown, he looks at the major indices for what they could do next.
Watch this 5-minute breakdown where Christian’s discussing:
- Tip on spotting ‘hidden tells’ in the market before a big move
- Why a 10% pullback is the sweet spot for buying dips
- Are we in a new bull market since the past October lows?
More from Christian:
Christian Tharp is one of only 3,500 Chartered Market Technicians (CMT) in the world.
His bread and butter is using technical analysis to find fast…
I mean lightning fast moves on options.
Some of his trades in his services open on Thursday and close on Friday morning.
Like recently:
In June:
- Closed a 100% winner on CRM in 1 day
- Closed a 300% winner on MU in 1 day
- Closed a 500% winner on ALAB in 1 day
In July:
- Banked a 500% winner on HD in 1 day
- Landed a 200% winner on TSLA in 1 day
He uses his 1-day options strategy for these plays. Click here to get his free presentation on how to make these trades yourself.