ChartPros Market Insights

Align your actions to your trading goals and focus on the process rather than the outcome.

Trading can be very challenging, that is true. But an analogy we like to use a lot is it’s very similar to learning how to drive a car. 

Read more only if you'd like to learn how to add more consistency and confidence to your trading.

Trading is not easy, but can be life changing.

We seldom meet a trader who isn't passionate about generating supplemental income, or even better, someone who desires to quit their day job to become a full time trader.

But many find that can be easy to say but hard to do.

There's been a long running debate between the technical analysis chartists and the fundamentalists and both sides can make their case for being "right".  Both sides often think that their way is best and the other side is full of you know what...

Since no one can predict the future how did the recent Federal Reserve's hawkish position on interest rates that's filled the news just so happen to occur during a time when chartists like us were anticipating a potential pull back? 

(This is an updated post to include recent news and recent charts because this scenario occurs over and over again...)

By definition, a bear market is when price drops 20% or more from its recent or all time highs.  So for the S&P 500 ticker /ES one could say that technically speaking the bear market is over because price is now approximately 15% off the all time high set back in October 2021.

But is the recent run up simply a "Bear Market Rally" or are the bulls firmly back in charge gunning for new all time highs?  See this before your next trade!

Follow along with ChartPros Founder Tom Winterstein as he charted in real time and walked through step by step to identify bi-directional levels of interest for the S&P 500 (ticker /ES). 

His analysis takes you through the last couple of months of 2022 and into 2023 and you'll see all the details as well as amazingly where price went to versus the anticipated levels so far.

Seems like all the self proclaimed charting experts are suddenly appearing to claim that they "knew" that Bitcoin (ticker BTC) was going to top out and make the free fall that it did... Not so fast my friends!

For well over the past year traders have been asking us what we thought about Bitcoin and our honest answer has consistently been "it doesn't matter what we think about Bitcoin but what's important is what story the BTC chart has been telling us... You just have to know how to listen to it and pickup on the clues that it provides."

You'll see the only Price Action tools needed that are native to every charting platform and how to apply them in the current volatile conditions.

As a BONUS participants will be introduced to the ChartPros Trade Entry Timing Tool that can be used anticipate market moves across a variety of timeframes and trading styles!

Recorded Thursday November 3rd, 2022 04:30 PM Eastern Time 

The Volatility Index (VIX) moves inversely to the indices and can often be an indicator of upcoming market moves... 

Join us as we walk you through the specific details of the correlation between the VIX and the rest of the market and how to incorporate this relationship into your trading style to increase confidence and consistency!

This course normally sells for $129 but for a limited time you can enroll for the incredibly low price of only $29!