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Technical Analysis or News?

Technical Analysis or News?

Remember the recent doom and gloom headlines?

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 economic news data this past week "cause" the markets to surge like they did?

Which side are you on? Get the "INSIDE scoop!"

Monthly S&P 500 Chart

Monthly S&P 500 Chart
Higher time frame analysis helps to paint a clearer picture and remove the shorter term intra day volatility.  Once you begin to include this as a habit in your trading routine you may just begin to question the doom and gloom headlines every time the markets drop a day or two.
 
See our latest S&P 500 (/ES) Monthly chart layered with traditional bull low to high Fibonacci levels.

March 20 Chart of the Day - S&P 500 before FOMC Meeting

March 20 Chart of the Day - S&P 500 before FOMC Meeting

Today at 2pm eastern the US Federal Reserve will announce its decision on whether or not to change interest rates.  The announcement is followed by a press conference with Fed Chair Jay Powell.

Seems like each one of these interest rate, inflation, or employment related news days lately brings with it more and more volatility with the same old question of "how much higher can the markets go?"

See our planning charts BEFORE the FOMC announcement.

See How This ChartPros Trade Room Member Used Apex Trader Funding to Earn Over $1M in the last year!

See How This ChartPros Trade Room Member Used Apex Trader Funding to Earn Over $1M in the last year!

Vince Koehn, a long time ChartPros Trade Room member talks about his success with Apex Funded Trader program.

We frequently get asked about various funded trading programs and we've reviewed plenty of them but historically never participated in or recommended any of them.

Until recently.