The algorithm signaled a recession. Similar signal as 2008 and 2001 This means that we are in the early stages of a sudden correction. For this reason, I have to use two important strategies. 1. There is time for a percentage liquidation strategy in the near future, for any buy position that i have, when the market goes for new high. 2. Use of the trailing stops in buy positions that I have. It is very important in this time do not entry with sell position. Think to liquidation
This is an algorithmic RECESSION signal for SPX500. Indicator or methodology about this algorithmic trading signal does not exist in the Tradingview public library Before placing an order PLEASE check your risk There is the possibility of increasing your position
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.