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Benjamin Graham is considered to be the father of value investing and Warren Buffett has been one of his students for decades. Graham shared ; “The investor’s chief problem-even his worst enemy– is likely to be himself!” How can one reduce investor bias, from a technical analysis angle?
One of the ways this can be done is, look at chart patterns, without knowing what the asset is. See the pattern for what it is, ONLY!
Joe Friday, “Just the Facts” – This asset has had its best 2-year performance in the past 30-years, as it is testing triple resistance and momentum is the most overbought in decades. What would you do here?
This chart and what to do with it, is shared in this weeks “Sector/Commodity Sentiment Extremes” report. If you would like a complimentary copy of this report, shoot us an email at firstname.lastname@example.org and we will get you a copy, over the weekend.
I humbly feel what this asset does at triple resistance, will have a profound impact on all of portfolios. This is a rare situation friends and the direction it takes from here is critical to portfolio construction.