Finally after 9 weeks and 2 days since the first lesson of Wealth Academy Trader Class on 4 Jan 2011, i finally managed to complete reading from top to bottom of
conrad's daily market analysis.
Read DMA, find out what's BMO - before market open; AMC - after market close
Note the structure of DMA,
-Points gain/loss of 3 US Major Indices - Dow30, S&P500, Nasdaq
-Comparison of volume to previous day
-Range points :highest and lowest
-% gain/loss
-Doubt on adv/decline
-pattern observed ?
>down friday and down monday; what happen when the frequency of dfdm increase ?
>traditional 2nd week of mar tend to close higher than first week.
>why and what's moving the market up/down
-Sectors performance : Most sectors +ve except for energy (Why its going down ?) Isn't Libya situation causing oil price to rise ?
-Technical analysis on support/resistance - possible breakout/candlestick patterns
-Earning Release BMO/AMC
-Regional Economic data
-Upcoming Economic Events and data announcements
-Commodities performance (futures contracts ?)
>points and percentage gain/loss "
