#MarketTiming — Keeping a #Nifty50StockList and checking it daily…

SIMPLE STOCK SIGNALS:

When a stock that is oversold quits being oversold that is a stock buy signal; if it returns to oversold before becoming overbought that is a stop; if it becomes overbought and ceases being overbought that is a sell signal; if after ceasing to be overbought it moves up again to overbought that is a renewed buy signal.

Simple.

AND SIMPLE MARKET TIMING SIGNALS:

As has been said before, the point of the Nifty-50 Stock List is to be able to see extremes, at highs and at lows, but especially at the end of a down swing.

To reiterate the strategy is whenever 40 or more stocks on the list are on sells that is most often the bottom or the beginning of the bottom of a down swing. The buy signal is triggered with there are no longer 40 or more on sells.

Reading the highs is not that consistent since, after all, who can read a top?

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9/13/2022 — During the day…

I see I haven’t talked about my Nifty50StockList for nearly a year: Simple Swing Trading with the #Nifty50StockList.

So I think I’ll update this story because this week we’ve had many great examples in the list of how it works, and how it is used to time the market.

UP, UP, UP and UP!