A Tell of Three Crosses - Don't miss this chart! Dr. Schaap showed this weekly SPY chart a year ago. There was plenty of time to be out of the market to preserve capital.
Dr. Charles B Schaap wrote the book on using ADX DMI indicator. The book encompasses trading principles such as momentum and support and resistance. "ADXcellence:Power Trend Strategies" will exponentially advance your learning and understanding of how to put the awesome power of the stockmarket to work for you.