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Level Up Your Technical Analysis with Multiple Timeframes – TrendSpider Blog

Imagine trying to drive across the United States using individual state maps. You might find the best route through each state, but without seeing how everything connects, you probably wouldn’t take the optimal route to your destination.

Traders rely on trend lines, chart patterns, and technical indicators to make decisions, but individual timeframes don’t provide the complete picture. For example, there may be a long-term support trend line that doesn’t appear significant on a short-term chart. The failure to consider more than one timeframe is one of the most common mistakes made by novice traders—there isn’t enough context in a single chart to make decisions.

Let’s take a look at how to use multiple timeframes to improve your trading, and see an example of multiple timeframe analysis in action.

Sunday Update Week of January 21st – The Markets Hit The Weekly SMA (20) “Wall”

A prepared trader is a generally a profitable trader, and Sunday is a great day to get ready for the week ahead by studying up from last week’s price action.  In this weekend’s analysis, we take a look at the broad markets after continued moves to the upside, with SPY, QQQ, and XBI all closing at or near the longer-term 20-week simple moving average resistance. As the market has not been phased by the government shutdown, the weekly SMA (20) is the only “wall” the market needs to pay attention to.

How Do Government Shutdowns Impact the Stock Market? – TrendSpider Blog

Government shutdowns have a significant impact on federal employees, government contractors, and many companies relying on government services. Most shutdowns are resolved within a few days and there’s little impact, but in some cases, shutdowns have lasted more than two weeks. These longer stalemates have become increasingly common since the 1990s with shutdowns during Clinton, Obama, and Trump’s administrations.

Let’s take a look at the impact of government shutdowns on businesses and how the three longest shutdowns have affected stock market returns.