Mar. 12 at 11:26 AM
A reader asked why we still enter trades if the market may have peaked?
Unless the market has fallen below important support levels with no signs of a bottom, it is good to keep taking at least some chances, depending on how many open positions you still have. Just be more selective when the situation leans more bearish. Choose stocks that have gone through a solid decline already, or sectors that have a weak correlation with the overall market.
Currently stock indexes are in bearish mode, but still in a weak bullish trend (Tr). If indexes go double red, then you can stop taking on new positions for a while. But there is usually a bull market somewhere.
$SPY
More in the trading journal, where we added
$PDD yesterday: https://blog.reversallevels.com/2026/03/trading-journal-mar-12-2026.html