EPISODE · Sep 16, 2019 · 26 MIN
Markets are telling us two different things
from MyStrategicForecast
Today's market was very telling.Most traders were thinking of a bigger decline based on the weekend news of the oil field strike. Crude Oil has a tremendous spike higher, but the stock market shrugged it off, as if it didn't care or see any reason to be nervous of more or different type of activity.There are some divergences to be had, and therefore more now than ever we must rely on sound technical analysis using candlestick charts and some common sense to make an informed decision about where she's headed to next...The content in this episode and all others is appropriate for beginning traders who are trying to learn as well as experienced traders looking for another point of view. Hosted on Acast. See acast.com/privacy for more information.
What this episode covers
Today's market was very telling.Most traders were thinking of a bigger decline based on the weekend news of the oil field strike. Crude Oil has a tremendous spike higher, but the stock market shrugged it off, as if it didn't care or see any reason to be nervous of more or different type of activity.There are some divergences to be had, and therefore more now than ever we must rely on sound technical analysis using candlestick charts and some common sense to make an informed decision about where she's headed to next...The content in this episode and all others is appropriate for beginning traders who are trying to learn as well as experienced traders looking for another point of view. Hosted on Acast. See acast.com/privacy for more information.
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Markets are telling us two different things
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