The only limit to our realization of tomorrow will be our doubts of today. — Franklin D. Roosevelt
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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.
For subscribers, we have a GREAT TRAINING to SUPERCHARGE your practice trading: “The Always Winning Strategy.” 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.
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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.
Overcoming Doubt to Master Market Analysis
Franklin D. Roosevelt once said, “The only limit to our realization of tomorrow will be our doubts of today.” This profound insight reminds us that in the journey of mastering market analysis, the biggest obstacle we often face is our own doubt. Let’s push forward confidently, knowing that we can master these markets.
Mastering the markets is about accurately following price movements, limiting losses, and letting profits run. These are the key elements that can turn the world of trading into a realm of opportunity. A half-decent tracking method, coupled with these strategies, is a powerful combination. I encourage everyone to practice and prove this to themselves.
Today’s market review shows a mixed bag, with stocks and gold up, while bonds and Bitcoin are down. The S&P 500 saw a slight uptick of 0.76%. Though the two-day chart has penetrated the weekly trend line, there is a glimmer of hope with a forming green candle. The highest recent high was on the two-day candle representing Friday and Monday, but we’ve since fallen below that, indicating potential market shifts.
The NASDAQ 100, mirroring this pattern, is showing weakening signs, with four days of red candles. We’re waiting to see if this is just a temporary stall or the beginning of a downward trend.
Bonds are pulling back slightly but have had a strong week overall, already hitting average volume. Gold, after a week of upward movement, is showing signs of indecision, possibly hinting at a future decline or a pause before another rise.
Bitcoin, while having a strong week overall, is showing some weakening in the recent days. It’s not reaching the previous high, and we’re observing whether this is a short-term pullback or a signal of a larger trend change.
As we analyze these market movements, it’s important to remember Roosevelt’s words. Doubt can limit our potential to understand and capitalize on market trends. By pushing forward without doubt, practicing diligently, and applying sound strategies, we can turn the market into a canvas of opportunities.
For our Patreon members, we’ve prepared 15 weekly vertical crossovers, with insights into various market movements. These resources, along with our three-wave trades and charting of cryptos, commodities, and currencies, are designed to enhance your understanding and skills in market analysis.
If you’re not a Patreon member yet, consider joining us. You’ll gain access to valuable resources like our ‘Options Made Simple the Charting Wealth Way’ guide, which is a fantastic starting point for those interested in options trading.
In conclusion, let’s move forward with confidence in our market analysis journey, overcoming doubts and embracing the learning process. Your dedication and practice are the keys to mastering the markets.
