"Study the past if you would divine the future." | Confucius

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Today’s Stocks, Bond, Gold & Bitcoin Trends, Friday, December 15, 2023

by Charting Wealth in Daily Chart Review

14

Dec

2023

by in Daily Chart Review

https://youtu.be/EdR4zNAaA-Q?si=HfhsFsa2MWurL__8

Any intelligent fool can make things bigger, more complex, and more violent. It takes a touch of genius — and a lot of courage to move in the opposite direction. — Albert Einstein

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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.

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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.

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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.

 

Simplicity in Market Mastery: The Einstein Insight

Albert Einstein brilliantly stated, “Any intelligent fool can make things bigger, more complex, and more violent. It takes a touch of genius and a lot of courage to move in the opposite direction.” This wisdom is incredibly relevant in the realm of market analysis. Our daily endeavor is to embrace simplicity, focusing solely on the one thing that truly matters in the market: price movement.

Over the past few weeks, as the market surged, our commitment to simplicity has been rewarded. The S&P 500, for example, has shown a remarkable upward trend. This persistence, even after false starts and downturns, exemplifies the power of sticking with the market, understanding its rhythms, and capitalizing on its movements.

The NASDAQ 100, rebounding after a weaker week, mirrors this trend. Its recovery highlights the ever-changing nature of markets and the importance of adaptive strategies in market analysis.

Bonds have been particularly impressive, with significant gains marked by high volume. This clean and beautiful run in bonds is a prime example of how simplicity in analysis can lead to clarity in understanding market trends.

Gold, however, presents a more complex scenario. While it showed a slight increase, the overall trend is riddled with indecision. The contrasting weeks of strong performance followed by uncertainty underpin the need for a nuanced yet straightforward approach in market analysis.

Bitcoin’s performance has been another point of interest, showing resilience amidst market fluctuations. Its struggle to pass through the weekly trend line, coupled with the recent spinning top patterns, signals a critical juncture that requires close observation.

In conclusion, Einstein’s insight about simplicity and courage is a guiding principle in our approach to market analysis. By focusing on price movement and avoiding unnecessary complexity, we can navigate the markets with greater clarity and confidence.

Thank you to all our followers for your continuous engagement. Your dedication to learning and growing with us at Charting Wealth is greatly appreciated.

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