From my limited experience, a successful trading strategy should have: 1. An accurate assessment of the overall market conditions (NASDAQ/SPX), 2. Appropriate asset selection, and 3. Risk management. This chart shows my assessment of the market conditions: Green and yellow indicate bullish trading, with long entries. Brown indicates no entries, and I leave positions open until closing indicators. Red indicates closing all positions and no entries. This is a momentum swing trading system. How do you assess the market conditions?
