The best times to actively swing trade (green boxes) have 2 things in common:
✅ Price above the 10/20 MAs
✅ Net new highs > net new lows
$QQQ is above the 10/20 right now, but breadth isn't confirming: 59 highs vs 243 lows.
Index up, participation down. Stay selective.
For me it's based on feedback, last two weeks haven't had much follow through on positions. If we are above the 10/20 I like to take stabs at good setups but seeing a lot of failed feedback so I'm personally slowing down.
Just saying that when most stocks are moving higher, much easier market overall. Been tough recently.
But yes I think best returns are made once we go through a correction and get back above the 10/20/50 and start a rally.
I personally hope we correct and reset this market for a new run up, whenever that maybe.