On The Final Trading Day of June, This Happened….

spx

 

That final bar of the final day for the final month of the third quarter.

That bar wasn't a coincidence.

The market didn't gap up above key resistance, essentially forming a thrust, turning former resistance into support on the final day of June and the final day of Q2 on accident.

The market didn't end the day, week, month, quarter and year to date 2023 on the final day of Q2 at its highs because we have tough times ahead.

Everything that you just witnessed was purposeful and consequential.

There are no accidents in the markets.

There is intent and purpose behind everything.

Innocuous and inconspicuous bullish price formations have been with us for this entire move up, while the markets worked their slight of hand, focusing everyone's attention on inflation, the Fed, Ukraine, China, recession and so on.

None of this was an accident.

Price was speaking to investors the entire way up.

What is separating the winners from the losers in 2023 are those who chose to listen to price and those who chose to ignore it.

It really is that simple.

And yet again, price has spoken investors on Friday, June 30th.

Those who continue to listen will be the ones who walk away with the greatest profits come July 31st.

Rinse and repeat.

Horns up. Paws down.


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