Hey Patterns, I notice that you analyse the ASX masterpattern and the charts for each sector. Bit of a newbie question but do you recommend using them in individual stock picks? Or are they for the benefit of members who may be trading indexes used to track the ASX/ sectors.
i.e when a particular sector appears to be trending up is it advised to invest in stocks in these particular sectors (after individually analysing them too).
Same question for the ASX masterpattern. The strategy to sell rallies above 6409 and buy pullbacks below. Is there an underlying benefit of understanding the ASX masterpattern when investing in individual stocks (as they are ultimately linked)?
Hopefully I've worded my question so its understandable. Thanks for any knowledge!
