The World From A Chartists Point Of View: Entry Signals And Resistance Points On All Ords, SP500 and FTSE
This Market Watch Weekly is for educational purposes only and is not to be interpreted as trading or investment advice. See Terms Of Use here.
This week we look at world indices and how they found resistance exactly at the trend line resistance we spoke about. Brilliant stuff!
We also look at points on the chart that would signal a new uptrend for me. I’m not about to jump the gun before an actual up trend signal is made, so it pays to know where your line in the sand is and act accordingly. Check out the video to see the world from a chartists point of view!
Of course please do your own due diligence – a great place to start is the free trading and investment course on this site. Check out the strongest sectors report to find out where the best places to be in the market right now.
Share Your Experience And Leave A Comment in the comments section below.
Happy trending,
Dave McLachlan
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December 11, 2011
Tags: all ords, ASX, asx market, FTSE, Market Watch Weekly, s&p500, shanghai composite, trend following Posted in: Market Watch Weekly
2 Responses
Dear Santa
I’ve been good all year, so now, could you please give me a Xmas rally ’til April?
TIA
ST
Oh yes, my trading guns are locked and loaded, ready for a trend confirmation. Til April would be just brilliant
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