The above 5 Markets are STRONG which means that one should be looking for opportunities to BUY, and not sell, these markets.
I've often written of taking Perspective when observing the Markets. One of these components is being able to identify what's Strong and what's Weak.
Look, we all know that Markets can turn at any time, so, I always emphasize that Stops be in place in those strategic positions which can only be hit if the major trend reverses seriously.
Small back-ups in price are ideal for adding to Long positions and one should learn how to distinguish these small, non-trend reversing moves from the all-important trend reversal points.
Tomorrow, we'll show the Weak Markets; those which should be entered only to SELL. - George
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