I get asked all the time about my process. A big question is usually around how did I find that chart in such a “random” country or asset, like an ETF on South Korea or a futures chart like Soybeans. To some people these might be assets that are not on their radar, but they are just as easy to trade as Apple shares or Crude Oil, that obviously get much more attention. My answer is simply that I look at all of them and just bring out some of my favorites. This is habit that I got into many years ago, so for me it’s second nature.
With that theme in mind I thought it would be a good idea to share my diary of what it’s like to go through so many charts. Sometimes I go through International Charts, other times Commodities or Currencies. On Monday I published my deep dive on the Major US Indexes and the bullish developments we’re seeing. Today we are taking that one step further and going over every single S&P500 component on both weekly and daily timeframes. I have some personal additions like $TSLA and $DNKN for example, so in total that represents well over 1000 stock charts in this particular session.
From here on in you’re only reading my thoughts as I go through the entire process:
(click on each chart to zoom in)