What charts can I use to determine a good time to jump into the market? I’m not talking about individual stocks as I understand support and resistance levels, but to judge the market overall, what would be a good indicator for someone who is moving away from technical trading into more fundamental long term?
I’d assume looking at the SP500, NASDAQ and Dow charts would be the first start, but all charts seem like they are at all time highs. Am I stupid to wait for the next big dip, or do you wait for major big events for good buying opportunities?
I’ve thought about just getting in now and doing dollar cost averaging... is that still a smart option?
Hope this question isn’t stupid enough to post.
Submitted July 22, 2018 at 05:36PM by systemfive https://ift.tt/2LF5ddb
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