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The Daily Note - DJIA, SPX, NDX: Expect Only Change

By Anni V_Stock MarketsJun 13, 2013 04:24AM ET
The Daily Note - DJIA, SPX, NDX: Expect Only Change
By Anni V_   |  Jun 13, 2013 04:24AM ET
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Each level we reach, each one we test and each consensus signal is significant in trading as it is in life. We tend to look at outbreaks as individual achievements. Usually not many traders or people follow there until after a bit of dust has settled. Or as I say confirmed as not a false breakout. Not everyone is cut out to reach for the stars or highs so only those who have the notion to try and the stamina to try again will succeed at those lofty level.

Additionally when we do take a chance we like to think to equip ourselves for the inevitable failure. In other words we are much harder on ourselves in trading and in life when we fail and subsequently may wish to just be adrift at sea because it's when those failures break when we punish ourselves.

Those who tend to watch at these levels are not insignificant because they are the cautious ones. They are the ones that tend to wait for assurance that their outlook will come to fruition and they look for confirmation before action. Once they are into the trade consensus is reached and the direction is more assured.

Therefore looking for direction it may be wise to consider all points on a compass and expect only change.

Below you may find the video.
The Weekly Outlook- DJIA, SPX, NDX Update -
The Daily Note - DJIA, SPX, NDX: Expect Only Change

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The Daily Note - DJIA, SPX, NDX: Expect Only Change

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Disclaimer: Anni's blog and article content is intended for education, entertainment and information only. The content provided herein is not to be construed as recommendations to buy or sell stocks of any kind. They are simply the opinions of the author. It is possible that the editor of this blog may own, buy, or sell stocks presented. All readers, traders, or investors should consult a qualified professional before trading any stock. The author is not an investment adviser. Any investments, trades, and/or speculations made in light of the ideas, opinions, and/or forecasts made by the author are committed at the reader's own risk, financial or otherwise.That said, all content is under copyright by the author.