A sustained downtrend with lower highs and lower lows. Short positions are prioritized here. 2. The Multi-Timeframe Strategy
Shannon argues that every market moves through four distinct phases. Recognizing which stage a stock is in helps a trader decide whether to be aggressive, defensive, or sidelined. A sustained downtrend with lower highs and lower lows
Shannon's signature approach is looking at multiple "magnification levels" of the same asset to ensure you aren't fighting a larger trend. He typically monitors five timeframes simultaneously: . A sustained downtrend with lower highs and lower lows
After a big run-up, the price moves sideways again as large players sell to latecomers. A sustained downtrend with lower highs and lower lows