Today, I want to cover a popular market ETF that is a strong buy based on a momentum indicator that most traders ignore and a bullish chart pattern. While few traders follow this momentum indicator, it has a backtested history of consistent success since 1900.Traders should never rely on a single indicator in their analysis. They should use at least two indicators, and each indicator should be independent of the other. A very simple but useful analysis can be done with a short-term momentum indicator that is used to time entries when the chart pattern is bullish. (more)
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