Do the ordinary things exceptionally well. — Zen Saying
For a link to our Updated Daily Market Worksheet subscribe at http://www.ChartingWealth.com.
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: “Supercharge Your Trading with Heiken-Ashi Candlesticks.” Click here: https://youtu.be/J3IEl4NLDw0
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.
Mastering Financial Markets: The Zen of Daily Practice
Embracing the Zen Approach to Market Analysis The Zen saying, “Do the ordinary things exceptionally well,” perfectly encapsulates our approach to financial market analysis. By focusing on the essentials – Heikin-Ashi candlesticks, trend lines, and volume – we delve into the daily intricacies of price movement. Spending just 10 to 15 minutes each day on this practice can lead to significant growth in your understanding of stocks and ETFs.
Supercharging Your Training with the Daily Market Worksheet We’ve introduced an updated daily market worksheet, a tool designed to enhance your market analysis skills. By documenting trends, volumes, candlestick patterns, and your observations, this worksheet encourages a deeper, more focused engagement with the markets. It’s not just about listening; it’s about actively participating in the learning process.
Today’s Market Overview: A Mixed Bag of Movements The market presented a varied picture today, with most sectors experiencing a downturn, except for gold which saw an uptick. In the S&P 500, we noticed a slight peak over the last week’s high but ended the day slightly lower. The NASDAQ 100 mirrored this trend with a modest decline. These observations are critical as they help us discern whether we are at the cusp of a new trend or merely witnessing market fluctuations.
In-Depth Look at Bonds and Gold Bonds started off weakly, with a noticeable decline in volume, suggesting a potential change in the ongoing trend. On the other hand, gold showed a small increase, breaking away from its recent downward trajectory. Monitoring the volume and candlestick patterns will be crucial in predicting future movements in these markets.
Bitcoin’s Performance: A Cause for Attention Bitcoin showed the most significant drop today, making it a point of interest for further analysis. Despite the decline, we observed high trading volumes, suggesting active market participation. Understanding these volume fluctuations in relation to price movements can provide valuable insights into Bitcoin’s potential future trends.
Actionable Insights and Resources This daily practice of market analysis is not just about observing; it’s about preparing for potential trades and understanding market dynamics. For those seeking to deepen their market knowledge, our daily market worksheet is available for download. We encourage you to use it alongside our updates to enhance your understanding of market trends and prepare for your trading journey.
