It’s Always Darkest Before the Dawn

Trying to pick a bottom in a market is very difficult to do.  If I had to bet, those traders that try to pick bottoms without sound reasoning behind it (“I had a gut-feeling”) will not be successful over time.  But, in the face of a volatile market with the fundamentals in check, you can lean on technical support and resistance levels.

Click the video above to see how we did just that in Adobe Systems (Ticker: ADBEWealth Strength IndexADBE is Extremely Up and trending Up).