Here are our comprehensive stock trading chart reviews and forecasts of the S&P 500, the NASDAQ 100, Bonds and Gold. At ChartingWealth.com we urge you to “Follow the charts, NOT the noise!”
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In just a few short minutes, we update you on stock trading and what we see taking place in the market. At the end of every week, we give you this overview of the S&P 500, NASDAQ 100, Gold & Bonds. We also review the market moving news over the prior five days and what’s on the calendar for the next trading week. We want to help you follow the market and improve your knowledge of stock and ETF movements.
We focus on helping you developing your stock trading skills in technical analysis. This activity is the forecasting of future financial price movements based on an examination of past price movements. Like forecasting the weather, technical analysis does not result in absolute predictions of the future. Instead, we try to anticipate what is “likely” to happen to prices over time. Technical analysis can use a wide variety of charting time periods and indicators that show price movements over time.
Our simple stock trading chart reviews and analysis can help identify support and resistance levels. These levels are usually marked by periods of congestion within the trading range where prices move within a confined area for an extended period of time. This limited movement tells us that the forces of supply and demand are deadlocked. When prices move out of the trading range, it signals that either supply or demand has the upper hand. If prices move above the upper band of the trading range, demand is winning. If prices move below the lower band, supply is winning.
We post timeless knowledge, along with our daily stock chart reviews that will educate and empower you to become a fearless and accomplished investor!
We standby the proverb, taken from Confucius, the Chinese master of wisdom: “Study the past, if you would divine the future.”
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DISCLAIMER: We offer NO stock trading advice and make NO claims to expertise of any kind. This site is dedicated to knowledge and education through our stock chart reviews and other information — nothing more.
Monday, June 25, 2018, Comprehensive Stock Review & Forecast