These are the moments that make a difference.
If you’re tired of complaining that you miss all of the big moves, here is your wake-up call.
We have a perfect storm of price action unfolding this week as the three major indices offer up a 100-year-old trading setup that moves markets in a big way.
Dow Theory states that when the major indices confirm each other, we have something called “confirmation.”
This means all of the big money in the market is seeing and doing the same thing. No conflict, no half commitments, a big move is coming.
The DOW, the NASDAQ and the S&P 500 are all finally near breakout levels, at the same time. Throw in #AAPL scheduled earnings, and the FOMC and we have the potential for a monster bullish week.
Is this “guaranteed to happen?” No, of course not.
What if history repeats itself, and it does.?
Will you make the big bucks because you were prepared? Or will you wallow in a pity party once again complaining about “not getting any breaks.”
Winners make things happen. Losers make excuses.
So what’s it going to be for you this week?
I’d rather be prepared for an opportunity that never comes, than not prepared when one does.