Hey friend,
The fact that markets began 2024 on a slightly down note doesn’t mean much – especially when you consider the rally that preceded it.
Because as you can see from The Daily Direction table below, the overall market remains healthy.
The Daily Direction
Note: All indexes closed about flat or slightly negative to close out last week – which ended the market’s previous 9-week winning streak. No change in any directions from last week.
The Daily Nugget
Stock prices move in virtually the same fashion today that they followed in the past.
Industries change, economies transform, and technologies evolve.
And yet, the way stocks prices move have remained largely the same.
Why? Because prices are based on expectations, and expectations are based on unchanging human psychology.
That’s why stock price movements stay the same…
And why the time-tested chart patterns are so effective.
Understanding these patterns can thus give you an edge that could last your entire life – so it’s worth mastering them sooner rather than later.
Of course, that’s easier said than done…
Which is why every week, Ross Givens goes LIVE with his Live Action Traders War Room members…
To break down markets in REAL TIME – using patterns to uncover where the high-impact opportunities are.
Attending this weekly session is the fastest way for you to become a more effective trader…
So if you’re interested…
Just click here to get all the details (plus the name of Ross’ #1 AI stock completely free).
The Traders Agency Team
