🟩 4 True Market LeadersEven though I am 100% cash, i am carefully looking at some of the True Market Leaders (TMLs) that I have traded recently. These act great during the correction and could provide an actionable buy points.
Here is the list of names.
NASDAQ:SMCI
NASDAQ:NVDA
NASDAQ:META
NYSE:ANET
PRO TIP:
I always use 2 alerts - one which is above the pivot and one underneath. I call the first one
✅ GOOD ACTION
and the second one
❌ BAD ACTION
I put these alerts on anywhere between 15-30 stocks. And watch how the market reacts. What I want to see is a bunch of ✅ GOOD ACTION alerting me. This shows me that the market is worknig well, when I get a bunch of ❌ BAD ACTION, I know the makret it turning.