Today's stock trading education discusses advanced day trading strategies using market internals.
We review how to use the VIX (CBOE volatility index), The TICK (NYSE Cumulative Tick) to predict short-term reversals in the SPY ETF.
We demonstrate this tape reading strategy using charts from Friday September 4, 2020.
At a very minimum, this trading lesson can help you avoid buying at the wrong time. Best case scenario you will have a much better idea of when to trade bigger and hold winners longer.
Pete