My understanding of the IBD methid is the following: IBD provides "market direction," which can be "uptrend, uptrend under pressure, or downtrend." This is a very important market consideration for investors using the IBD method since approximately 80% of all stocks go up or down with the market. IBD’s method wants to determine where the market is headed based on chart reading. The chart reading does not require knowing that a “correction” has happened. We can discuss your particular concerns at the meeting tonight.
0 · November 19