Trade the Trend: Spot the "80% Occurrence"
Want "the trend to be your friend"? Then learn this critical skill.
by Vadim Pokhlebkin
Updated: October 01, 2018
Do you know how to spot a market correction in 10 seconds or less on a chart?
Here's why this skill is so important:
Markets spend ~80% of time "correcting," i.e. going against the main trend. When you can spot a correction -- and, more importantly, the end of that correction -- your market timing improves dramatically.
That's when you're investing with the trend!
There is a simple way to spot a correction. You can see how in this free 4-minute clip from a recent Trader's Classroom video lesson.
Watch as long-time editor Jeffrey Kennedy picks apart the chart of United Rentals (NYSE: URI).
You'll be able to apply this knowledge to any liquid market.
Editor's note:To watch the entire 9-minute video and see Jeff Kennedy's detailed forecast for URI, log in now with your free Club EWI password
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