Some signs Tuesday morning pointed to upside in the futures. Could this be an indication of a bottom or is there room further to fall? How does a trader plan strategy during uncertainty?

Good question. One effective tool for strategy development in corporate boardrooms (large or small) is the use of scenarios. Scenarios don’t have to be completely accurate in predicting probable outcomes and the strategic response to be 100% useful. The value of scenarios lies in the process of “signposting” the future with indicators that inform you when a particular version of the future is ‘now’. Signposting also allows you to be aware of how the unfolding present measurably differs from what was predicted. In other words it’s better to know what path you’re on or that you are off the path by ‘x’ number of paces then to be oblivious that there’s even a path to follow.

If Bulls were to place signposts among the flood of data available out there that pointed to a bounce or rebound, here are some of the indicators at Trade-Ideas they will use:

Note: Some of the following data is freely accessible and some requires a Trade-Ideas subscription.

1. 20-Day Losers by %: This list shows which stocks have moved down the most over the last 20 trading days. Because this list is organized by % change, it shows the best opportunities to make a profit with a fixed amount of buying power.
2. Crossed below 200 day moving average alert:
3. 20 Day Moving Average Crosses 50 Day Moving Average: This list shows which stocks are most likely to have their 20 day SMA cross above or below their 50 day SMA in the next trading session.
4. Strategy Session: Oversold, Phoenix: A strategy developed as a good method for finding stocks at their bottom OR entries for possible short sales

More stock research is available on our site: https://trade-ideas.54solutions.com/StockInfo/