The past three years were a market for short. You were either a short seller or out of the market. Longs got slaughtered during the past couple of years. Now is a good time to go long again.
The only indicator I am using is RSI. Simple to read and pretty accurate. Indicators work better for longer time frame. However most of them often lag. Indicators appear only after the damage has been done. Prices should be the most important factor when entering a trade. Not indicators.
I went long Friday and will go long from now on. Got burned on Thusday by shorting. Bottom has been reached. Stocks will keep rising. This bear market has lasted longer than the previous ones and has been more devastating with WCOM, KM and the dot coms failure.