We have updated our privacy policy and terms & conditions. Find out more here.

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

By  |  Stock Markets  |  Jun 13, 2013 08:24AM GMT  |   Add a Comment
The Daily Note - DJIA, SPX, NDX: Expect Only Change
By   |  Jun 13, 2013 08:24AM GMT
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 -
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.
Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data .

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind: 

  • Enrich the conversation
  • Stay focused and on track. Only post material that’s relevant to the topic being discussed.
  • Be respectful. Even negative opinions can be framed positively and diplomatically.
  •  Use standard writing style. Include punctuation and upper and lower cases.
  • NOTE: Spam and/or promotional messages and links within a comment will be removed
  • Avoid profanity, slander or personal attacks directed at an author or another user.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Are you sure you want to delete this chart?
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
Are you sure you want to delete this chart?

Successfully Reported

Thank you. This comment has been flagged for a moderator.