Happy New Years!
To my fellow ETF traders, I wanted to share a video put together by Mark Leibovit of VR Trader. Mark is a top rated market timer and being an ETF trader, I found this interesting. So to my fellow ETF Traders:
Here's the video Mark Leibovit put together on the DIA last night.
Thanks for using MetaStock and have a great New Year.
Jeffrey Gibby
Business Development
MetaStock
Full disclosure -- I currently am holding puts on DIA.
1 comment:
Leibovit's bread and butter is identifying exhaustion points, buying panics, or selling blow-offs by looking for massive volume spikes that signal institutional accumulation or distribution. On an ETF level, seeing a sudden volume reversal can often flag an impending trend shift before the broader moving averages catch up.
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