4.4.7 Bear market toolkit application
1) Moving Averages — Sell the downside crossovers
2) RSI, and Oscillators—Sell the overbought indicators and ignore the oversold indicators
3) Stochastics — Sell the crossovers to the downside; do not buy crossovers to the upside
4) On-Balance Volume and Tic Volume — Too late for forecasting, and non- effective as confirming indicators
5) Elliott Wave — Sell the breakdowns of previous lows