When the S&P 500 does not make sense from the time frame you are looking at, you need to go one time frame out and look at the weekly chart.
Lots of traders get so focused on a daily chart that they somehow lose out on the bigger picture. Weekly charts are enormously helpful in giving clues to the future direction of the market.
This is a general rule that applies to all markets. Anytime things don't make sense and you can't find a pattern to trade in the time frame you are looking at, zoom out to a great time frame. Usually you'll see a pattern you can trade.
In today's video we examine one of the biggest markets in the world, the S&P 500, using a weekly chart. The video runs under two minutes in length and I think you will find it both educational and informative.
When the S&P 500 does not make sense from the time frame you are looking at, you need to go one time frame out and look at the weekly chart.
Lots of traders get so focused on a daily chart that they somehow lose out on the bigger picture. Weekly charts are enormously helpful in giving clues to the future direction of the market.
This is a general rule that applies to all markets. Anytime things don't make sense and you can't find a pattern to trade in the time frame you are looking at, zoom out to a great time frame. Usually you'll see a pattern you can trade.
In today's video we examine one of the biggest markets in the world, the S&P 500, using a weekly chart. The video runs under two minutes in length and I think you will find it both educational and informative.
When the S&P 500 does not make sense from the time frame you are looking at, you need to go one time frame out and look at the weekly chart.
Lots of traders get so focused on a daily chart that they somehow lose out on the bigger picture. Weekly charts are enormously helpful in giving clues to the future direction of the market.
This is a general rule that applies to all markets. Anytime things don't make sense and you can't find a pattern to trade in the time frame you are looking at, zoom out to a great time frame. Usually you'll see a pattern you can trade.
In today's video we examine one of the biggest markets in the world, the S&P 500, using a weekly chart. The video runs under two minutes in length and I think you will find it both educational and informative.
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