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The Truth About Chart Patterns


Hey friend,

Markets have historically been weaker in the second half of June (before recovering in July).

Will we see this narrative play out for the last trading week of the month?

The Daily Direction

Note: Indexes closed mixed to end last week – but with minimal movement. No change in any index directions.

The Daily Nugget

What you see in the charts is largely the effect not the cause.

Yes, some chart patterns can sometimes become self-fulfilling prophecies.

But mostly, what we see in the chart patterns is the effect and not the cause.

The cause usually happened earlier…

Meaning the closer we can position ourselves to the cause, the higher our profit potential.

The problem is – oftentimes the cause is hidden, and we can only see the effect.

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  • The key mistakes people make when following these insiders…
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The Traders Agency Team

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