The No. 1 Thing to look For in a Chart

The No. 1 Thing to Look For in a Chart

What is the most important thing you should be looking for when you look at a chart of a market?  What is the No. 1 thing to look for in a chart? Did you say what the market is going to do next? If you did then you are wrong. Very wrong. That should be pretty obvious. A chart is a diagram of data on the price of the security in the past. The chart contains no data in relation to the future. None at all. How could it? So if you look at a chart expecting to see something … Continue reading