Hello everyone
A quick note for the stock market traders amongst us
Please see below, a link to a website you may find useful in doing some background work and for information.
If i may, when trading stocks in various sectors you may want to also put up a chart of the main component of the s&p 500 within that sector to see what it is doing as well, as an odds enhancer for your proposed trade
For example, if the stock you are trading is in the information technology sector, put i[ a chart of MSFT, (microsoft), FB,(Facebook), and of course, Apple (aapl)
If any one of them is entering a demand zone at the same time as your stock is then it adds better odds to your trade idea
best wishes
https://us.spindices.com/indices/equity/sp-500
A quick note for the stock market traders amongst us
Please see below, a link to a website you may find useful in doing some background work and for information.
If i may, when trading stocks in various sectors you may want to also put up a chart of the main component of the s&p 500 within that sector to see what it is doing as well, as an odds enhancer for your proposed trade
For example, if the stock you are trading is in the information technology sector, put i[ a chart of MSFT, (microsoft), FB,(Facebook), and of course, Apple (aapl)
If any one of them is entering a demand zone at the same time as your stock is then it adds better odds to your trade idea
best wishes
https://us.spindices.com/indices/equity/sp-500
Be careful what you think because your thoughts run your life..Solomon