In this episode of DecisionPoint, Erin reviews the Nasdaq 100’s PMO BUY Signal and its whipsaw back into a SELL signal on Wednesday. Carl showed us his new “market bias” view of the Swenlin Trading Oscillators (STOs) and IT Breadth/Volume (ITBM/ITVM). The shift is amazing and really distinguishes in color how market bias can affect index price movement. Erin explains how the VIX is telling a story right now that we all can learn from. To cap off the show, Erin reveals her “Diamond of the Week” and offered another area of the market to focus your trading on.
This video was originally broadcast on June 24th, 2020. Click anywhere on the DecisionPoint logo above to view on our dedicated show page, or click this link to watch on YouTube.
New episodes of DecisionPoint air on Thursdays at 8am ET on StockCharts TV. Archived episodes of the show are available at this link.