Chart of the Day

“The market itself determines the relative importance of all factors more accurately than any speculator can hope to interpret them.” – Don Guyon
All eyes will be on President Trump in Davos and the ECB today. The bigger picture remains in tact > latest weekly outlook video.
As we discussed yesterday in our morning call, looks like the BTD crowd is still out in full force but the velocity of the down moves remains very telling. On the single stock side, as we have been posting on twitter, we are focused on the action in Apple.
Don’t forget to keep an eye on ZBs and ZNs > they are still hovering just above key structural supports.
Fingers crossed for an interesting day with plenty of opportunity across the board πŸ˜‰

As always, there is no substitute for real-time/live action; if you are interested in attending a daily morning call into NY with a more detailed live discussion on all the charts and ideas we highlight/review in the outlook video and here on the blog, you should check out our Daily Webinar Group.
If you are struggling or looking to speed up your learning curve, you might be interested in our Foundational Webinar Series.
Wishing you a great day ahead.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.