As the markets are over bought after many days of run-up, it becomes important to focus on good entries rather than chase momentum. The Trade Ideas technology that looks for large cap stocks pulling back to their 50 day moving average is a safe pool to swim in right now if you have to look for a long side entry. Stocks tend to move in a “3 steps forward, 2 steps back” mentality and using an entry like this will help in timing the jump rope that is needed in an environment like this. TOT appears in this strategy,
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