https://youtu.be/4T2tTzEqURc?si=8ehsUfg1tLcadk1r
The Way is in training. — Miyamoto Musashi
Sign up at Trading View access my platform and charts: https://bit.ly/3Q55GaU
How to Set Up Our Three Time Frame Chart on TradingView: https://youtu.be/wLwTnrtAOTA
I have opened my page to sharing. Find me on TradingView at Thom Goolsby.
Here at Charting Wealth, we focus on the reality of price movement by following trends. We teach you a simple and effective method to read stock, ETF and crypto charts, keep your emotions in check and learn when to buy and when to sell. Charting is your road map to the market and the riches it can offer.
Forget the hype you see and hear in the financial news media. They are selling products in print ads and commercials. Focus on what is real, no matter how hard it can be to believe! Otherwise, you become a sucker or worse, a slave, to the delusion someone else wants you to believe.
Use the lessons we teach every day to accurately chart any stock, commodity, ETF and cryptocurrencies. We give you daily, real life lessons with the four ETFs we track: S&P 500, NASDAQ 100, 20-Year Treasury Bonds, Gold and Bitcoin. We have all the tools you need to learn how to trade.
For subscribers, we have a GREAT TRAINING to SUPERCHARGE your practice trading: “Radically Improve Your Trading with Volume Analysis.” If you are not a subscriber, become one! Subscribe for FREE to our daily market reviews & training at http://www.ChartingWealth.com
We urge you to “Follow the charts, NOT the noise!” and want to help you follow the market and improve your knowledge of stock and ETF movements.
Support our work at PATREON and receive GREAT benefits (training, gifts, etc…): https://www.patreon.com/user?u=14138154
Receive our STOCK ALERTS via TEXT when WEEKLY VERTICAL CROSSOVERS occur. Very valuable information! Less than 8 texts a month. Text “chartingwealth” to 33222 on your cell phone.
At ChartingWealth.com, every day the market is open, we chart the S&P 500, NASDAQ 100, Gold & Bonds. In just a few short minutes, we give you a valuable training update and quickly review the trends we see taking place in the market. At the end of every week, we give you an overview of what happened over the last five days and what’s on the calendar for the next trading week.
DISCLAIMER: We offer NO advice and make NO claims to expertise of any kind. This site is dedicated to knowledge and education through our stock chart training, reviews and other information — nothing more.
Weekly Financial Market Review: Harnessing the Power of Training and Analysis
Embracing Consistent Training in Market Analysis Drawing inspiration from Mamoto Masashi’s wisdom, we recognize the importance of consistent training in the realm of stock and ETF trading. Just as a successful Japanese swordsman dedicates himself to daily practice, we encourage spending 10 to 15 minutes each day to track and analyze your favorite stocks and ETFs. This dedication to learning and practice is the cornerstone of success in the financial markets.
Weekly Vertical Crossovers: A Path to Practice Trading For our Patreon supporters, we provide a weekly treasure trove of information, including 20 weekly vertical crossovers. This week, we highlight American Airlines Group, which has shown notable movement and offers a great opportunity for practice trading. With a recent increase of 1.54%, it exemplifies the kind of stock that backtracks well and shows consistent, significant moves.
Another Promising Candidate: Jin Digital Jin Digital is another stock we’ve identified this week for its potential in practice trades. Despite a slight morning downturn, it recovered in the afternoon, showcasing its strength. Both American Airlines Group and Jin Digital are part of the 20 potential practice trade candidates we offer weekly to our Patreon members.
S&P 500 and NASDAQ 100: Analyzing the Current Trends The S&P 500 and NASDAQ 100 both experienced a slight decline, each dropping by about 0.78%. The half-day chart indicates a trend of fluctuating movements, while the two-day chart shows smaller candles, suggesting a period of consolidation. We’re closely monitoring these indexes to understand whether this is a short-term correction or the beginning of a new trend.
Bonds and Gold: Diverging Paths Bonds have shown a turnaround, with an increase of 0.58% for the day. This change in direction, coupled with consistent performance over the past week, signals a potential shift in the bond market. Conversely, gold has taken a downturn, dropping by 1.10%, and breaking its trend line, indicating a possible new direction for gold traders.
Bitcoin: A Resilient Performer Bitcoin continues to demonstrate resilience, with a 1.58% increase for the day. The cryptocurrency has been steadily climbing, supported by increasing volume over the past four weeks. This persistent upward trend in Bitcoin makes it an exciting prospect for market watchers and traders alike.
Final Thoughts and Resources for Traders As we conclude our weekly review, we encourage traders and market enthusiasts to remain engaged and informed. For those looking to deepen their understanding and refine their trading skills, consider joining our Patreon community. You’ll gain access to exclusive content, including our “Options Made Simple – The Charting Wealth Way” three-part series, and invaluable resources for practice trading.
