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  • 1 year ago
Tuesday, December 20, 2016, Charting Wealth Update

Tuesday, December 20, 2016, Charting Wealth Update

Here are our Stock Chart Reviews. Every day the market is open, we chart S&P 500, NASDAQ 100 (tech stocks), Gold & Bonds (20 year). In just a few short minutes, we update you on what we see taking place in the market. At the end of every week, we give you an overview of what happened over the last five days and what's on the calendar for the next trading week. Our DAILY MARKET WORKSHEET is available here: We focus on developing our skills in technical analysis. This activity is the forecasting of future financial price movements based on an examination of past price movements. Like forecasting the weather, technical analysis does not result in absolute predictions of the future. Instead, we try to anticipate what is “likely” to happen to prices over time. Technical analysis can use a wide variety of charting time periods and indicators that show price movements over time. Since our objective is to predict future prices, it makes sense to