This Indicator Suggests The Markets Will Fall
July 14, 2016 5:26pm
In this educational video Dr. Thomas Carr, money manager, author of 3 bestselling books on trading and CEO of Befriend the Trend Trading, discusses the 1 technical indicator he uses to determine market tops and bottoms. This indicator just printed a signal not seen since early August, 2015, right before the S&P 500 crashed 10% in a matter of days.
This is the perfect indicator to track what professional traders -- "smart money" -- think about the near-term prospects of the markets going forward. Once this indicator gives the signal, it is almost a sure bet that the markets will fall hard.
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Dr. Thomas K. Carr (aka "Dr. Stoxx")
Founder, CEO of DrStoxx.com and IXTHYSLetter.com