Start simple. Just start. News only adds another tell as to the time era for the chart. Here's another free chart source to consider. https://www.tradingview.com/chart/?symbol=NASDAQ:AAPL The waiting is the hardest part............... "Hey baby, you live around here? I got some time to kill, how bout you?"
Directional prediction is fun but it's also extremely difficult. There are other high probability opportunities to provide a service to the market, and get paid
I hope I'm not spoiling it for anybody else by posting my analysis here. I'm gonna see if the Spoiler Alert can hide the chart. Spoiler: Don't look until you've made your own analysis! :) Thanks, easymon1 !!!
I didn't give a prediction of up, down or sideways, which is what this thread is all about. That's because, after thinking about it, I realized that I try very hard NOT to predict what the market is going to do. I try to focus on if/then scenarios.
After a downtrend expect a move sideways to up. That the trend might be over is shown by how the bulls recovered from the low swiftly. There is also a broken downtrend line above the red candles to the previous low.