For FullyInformed Members here is the intraday chart analysis for midday on Oct 16 2015.
Today’s midday intraday chart analysis is expanded beyond a quick review of the market direction. Today’s article is 1500 words in length and focuses on understand how momentum can be used to profit and protect trades and portfolios.
One of the more important technical tools for trading intraday or following the direction of stocks intraday is momentum. Momentum is what drives stocks higher or lower. By reviewing momentum investors can understand why markets are rising or falling and what to expect during the day and for the following day. Momentum offers a keen insight into the emotions of investors which is ultimately the driving force behind market movement.
Today’s midday Intraday Chart Analysis and strategy discussion covers both the USA and Canada Stock markets………..This strategy article is for FullyInformed Members.
Understanding Momentum – Intraday Chart Analysis – Midday – Oct 16 2015
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Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk. Stocks, options and investing are risky and can result in considerable losses. None of the strategies, stocks or information discussed and presented are financial or trading advice or recommendations. Everything presented and discussed are the author’s own trade ideas and opinions which the author may or may not enter into. The author assumes no liability for topics, ideas, errors, omissions, content and external links and trades done or not done. The author may or may not enter the trades mentioned. Some positions in mentioned stocks may already be held or are being adjusted.
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