Courtesy of Read the Ticker
There is a lot of noise on the web saying stocks are done, and this rally is about to crash any time! Just maybe that is not the plan, … well yet!
The whales now where price is going, and they have a target (EFFECT) for the energy (CAUSE) of the price action, and the energy is fueled from massive money printing from prior months.
SP500 to near 4,000 should be considered, or in other words a pump to new all time highs.
Gann angles and cycles help us with targets of price and time. We know the fundamentals as the FED goes Brrrrrr!
More here:
Charts in the video
and …
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Where is RTT Dow Jones FED brrrr target! See here …
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Of course the first few months after the US elections will be very interesting.
Changes in the world is the source of all market moves, to catch and ride the change we believe a combination
of Gann Angles,
Cycles,
Wyckoff and
Ney logic
is the best way to ride the change, after all these methods have been used successfully for 70+ years.
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NOTE: readtheticker.com does allow users to load objects and text on charts, however some annotations are by a free third party image tool named Paint.net
Investing Quote…
..”Without specific, clear, and tested rules, speculators do not have any real chance of success”..
Jesse Livermore
..”It’s easier to fool people, than to convince them they have been fooled”..
Mark Twain
…“People somehow think you must buy at the bottom and sell at the top to be successful in the market. That’s nonsense! The idea is to buy when the probability is greatest that the market is going to advance”…
Martin Zweig (The inspiration behind a number of Martin Zweig’s methods came, from Jesse Livermore).
..“Successful speculation requires staying on top of changes in industries and companies that either create new industries or improve on existing industries. The majority of your profits will come from these two … The shrewdest traders throughout history all adapted the skill of reactionary change, as the market constantly presents new and different opportunities.”..
Bernard Baruch
..“Because of the extreme challenge, one must commit full attention to it.” Market speculation is “no different than trying to be a successful doctor or lawyer … you simply must devote yourself full-time to the study of your craft”…
Bernard Baruch
