Hey friend,
All the economic data this week has been either neutral or positive.
This has been reflected in the markets.
Things are looking good for next week.
The Daily Direction
Note: All indexes closed higher yesterday – sending all index directions back upward.
The Daily Nugget
Emotional resistance can be stronger than price resistance.
With some education, it’s fairly easy to see when a stock has broken through resistance.
But what’s much harder for traders is overcoming their own emotional resistance to take a position…
Especially if that stock has been faltering prior to breaking out.
Emotional resistance has caused more traders to miss out than price resistance ever will.
And with the market steadily recovering – and leading stocks shooting up far ahead of the market…
It is emotional resistance that will cost you the most right now.
Do your best to overcome it…
The Traders Agency Team