The best chart patterns for trading when a stock market pullback is underway, states Lucas Downey of Mapsignals.com.
A falling Big Money Index (BMI) tells us a couple of things: First, the breakneck buying seen over the past months is slowing down. Second, selling is increasing. Traders agree the BMI is one of the best chart patterns for trading a stock market pullback. This is also important for big indices like the S&P 500. Using data, Luke Downey shows you how to play it.
To learn more about Lucas Downey, visit Mapsignals.com.
