Programmed into my watchlist are a few things..... SOXX (semi conductor index), RCD (consumer discretionary), the yield curve on government treasuries...These are just a few. I also read the COT report every week. Gives you a sense where the institutional players are relative to the retail crowd. https://www.cftc.gov/MarketReports/C...ders/index.htm
If one of these things is slightly off it is not a BIG deal. However, if BIG players start going the opposite of the retail crowd and SOXX drops hard combined with news about consumer confidence falling I will start trimming away positions I do not plan on holding for the next 20 years or so. Would rather have ca$h on hand for a large pullback.
If one of these things is slightly off it is not a BIG deal. However, if BIG players start going the opposite of the retail crowd and SOXX drops hard combined with news about consumer confidence falling I will start trimming away positions I do not plan on holding for the next 20 years or so. Would rather have ca$h on hand for a large pullback.