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 a brand new feature that was released earlier this week, Monthly candles. For SPY, QQQ, and XBI, we take a look to see how the weekly price action is interacting with the monthly indicators and trendlines. Continue reading Sunday Update Week of February 4th – A look at the Monthly Overlays
TrendSpider is a platform that allows all different types of traders to implement their own strategies with the different proprietary features that we have to offer. One of the coolest and newest features available in the platform is called “Trend Analysis Preferences” which allows users to change their trendline settings through a simple drop-down menu. This gives users more flexibility to see different chart views based on if they like the system more sensitive (fewer trendlines) or less sensitive (more trendlines). To learn more about this feature, check out our video and below and follow the step by step guide.