Capturing Trend Days

A trend day occurs when there is an expansion in the daily trading range and the open and close are near opposite extremes.

Dave Landry: Getting Into Emerging Trends Early With Bowties and First Thrusts

Trends don’t seem to last as long as they used to. However, you can’t just sell a market because it is high or buy it because it is low. Top picking and bottom picking is a loser’s game. You’re much better off waiting for signs that a new trend may be emerging and then look to get on as soon as possible.