Three Top Technical Tools for Better Stock Picking

This is a powerful momentum-price-based indicator that “paints” an arrow up for buy signals and down for sell signals on charts and can be used for any asset class, ranging from stocks to cryptocurrencies on any time frame. You can use this tool for trading, especially when using the scanning feature on the various trading platforms.

This is another amazing tool, which formats comparative relative strength in the form of a histogram. This tool is best used to detect when stocks are susceptible for profit-taking within bearish divergence patterns, or setting up for strong buy signals when showing positive divergence patterns. The PMC indicator is a comparative relative strength tool that highlights the condition of the underlying instrument vs. the S&P 500 under four distinct market conditions: improving, strengthening, weakening, and lagging.

John will show you how, when, and why you should use the Persons Pivot Indicator not only to help determine market direction, but also support and resistance targets withing a chosen time frame, either daily, weekly, monthly, option expiration, and quarterly outlooks.