In the spirit of the holidays, I’m sharing with you a day trading technique used to help determine the overall picture of the stock market. It especially lends itself well to
The practical application of the technique is to help us decide how long we want to stay in a day trade – whether we expect short moves (and should take profits quickly), or we should expect long moves (and let our profits run).
This is just one technique I use in deciding the overall picture of the stock market for the day. For more techniques on determining the overall picture of the market for the day, see these Special Reports: