Apr 14 | The S&P 500 just hit its daily resistance. Now what?

Daily Trader Talk Newsletter
image

Hey Trader,

We've seen the S&P 500 hit some seriously crazy highs during the peak of this pandemic, and Josh continues to keep an eye on it.

For now, the market has hit the daily up Fibonacci, pushing up against the resistance line at the top of our channel.

Historically speaking, that means a bearish push back down to the support line is expected.

After that, Josh plans to wait for the next low price to turn around and push higher.

Keep an eye on his charts as we ride this out!

Click Here

THE NEWS DESK

The first wave of bank earnings looks promising

It's more evidence that the economic recovery is fully underway

Bulls will rejoice over this crude oil news

A surprise change in stockpile levels could mean another price surge

Are tech stocks still a good buy as the economy recovers?

These prices could reveal where the tech sector will go as the economy revs up

Critical:

The Chicago Merc Opens a Back Door to Lucrative "Millionaire's Market"

No one was expecting this… a lucrative new "loophole" opened for the Average Joe. And if you're not a millionaire yet, this could be your BEST chance at achieving that lofty status before 2021 is over. With a few hundred dollars you have the potential to make $50,000… $75,000… $144,000 or more... Click here to get the details.

WORDS TO TRADE BY

"It's fine to celebrate success but it is more important to heed the lessons of failure."

-Bill Gates

Bill Gates didn't get to be one of the wealthiest people in the world without hard work. And he knows a thing or two about failure.

Failure is one of the best teachers we have in life. Only the foolish refuse to learn from their mistakes.

When your plans fall apart, don't beat yourself up too much. Analyze what went wrong. See what you could have done differently. Make adjustments to your goals and move forward. If you can't learn from your failures, you have no business succeeding.


Keep Trading,

image
Facebook YouTube Instagram

Hypothetical or Simulated Results

Our educational products rely upon hypothetical or simulated performance results. These results have certain inherent limitations. Unlike the results shown in an actual performance record, these results do not represent actual trading. Also, because these trades have not actually been executed, these results may have under-or over-compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated or hypothetical trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown.

There is a very high degree of risk involved in trading. For our full disclaimer, visit: http://tradersagency.com/risk-disclaimers

Unsubscribe

20 North Orange Avenue Unit 1100 Orlando, Florida 32801 United States (888) 483-5161

No comments:

Post a Comment