When In Doubt Invert It Out 🌤️ The Morning Print
Good morning!
One technique I use to shake off my bullish bias is to flip the chart upside down.
And right now, I'm seeing some well defined bases (which are actually tops).
Let's take a closer look.
If you had no idea what these charts were, would they catch your attention?
Would you throw them on your watchlist and keep close tabs on them?
These are the questions we should ask ourselves to challenge our internal biases, whether we believe we have them or not.
If these charts look good to you, then the market may be in trouble.
The Dow Jones and Mag Seven are already testing their VWAP from the April lows, with the Nasdaq and the S&P not far behind.
The market is shifting, and we must be able to recognize this not only to make money, but to keep the money we made.
For me, inverting charts is a simple cheat code to stay objective.
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