Downtrend. It’s not good, it’s not bad, it’s bearish.

2022-05-10 / Raghee Horner

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When it’s a trend we can trade it with an edge since a clear path of least resistance is a trader’s friend. The S&P and NASDAQ organized into a downtrend days ago and it’s only the Dow that is neutral. With healthcare likely the only sector still keeping the S&P from lower lows let’s focus on short the rip setups.

Raghee Horner

Raghee Horner started trading at 17 while still in high school. She continued her pursuit of trading through college until going full-time after graduation; torn between the charts and law school, the markets won out.