Dow Theory Signal Questions Bullish Economic And Market Trends - Seeking Alpha
Chris Ciovacco has written another excellent article on how to determine which way the stock market is going. He presented a 50-day chart of the Dow Jones showing a flat 50-day line, and cases where this occurred previously in 2011 and 2008 resulted in large stock market declines. Whenever Chris turns cautious and Jim Cramer turns bearish, I will follow their lead and reduce my long positions while buying more TVIX, the volatility index ETF, for downside protection.
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