Reading the Charts: Expect a Correction Soon
Real Vision: Finance & Investing
Real Vision
4.1 • 1.1K Ratings
🗓️ 14 January 2022
⏱️ 31 minutes
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| 0:00.0 | Welcome to the Real Vision Daily Briefing. It's Thursday, January 13, 2022. I'm Ash Bennington, |
| 0:11.6 | joined shortly by Katie Stockton, Founder and Managing Partner of Fairfield Strategies. |
| 0:17.4 | Welcome, Katie. Thanks so much, Ash. Good to be with you. |
| 0:21.3 | Before we jump into the conversation, here's what's happening in markets right now. |
| 0:25.4 | Ugly Day, especially on the NASDAQ, looks like still bouncing around a little bit, but off 2.51 percent, |
| 0:32.8 | I see here on my screen, looks like getting settled around 14,000 806 Dow, S&P, Russell 2000, |
| 0:40.6 | all turn negative on the day, quite an unpleasant day, but great to have you here, Katie, |
| 0:46.8 | so you can give us your analysis of everything that's happening, a fun day to have you on, |
| 0:51.6 | certainly in terms of understanding how you're looking at these markets. This is the first time |
| 0:56.8 | you and I have done a show together. Tell us a little bit about what you do and how you see the world. |
| 1:04.0 | Well, thanks for asking. So I'm a technical analyst and I'm really very much a purist in that sense. |
| 1:09.2 | I only look at charts. I'm only looking at price as it pertains the supply and demand for various |
| 1:15.0 | securities. I publish strategy research for clients and subscribers and we focus primarily |
| 1:22.4 | on U.S. equities, but we also look at what I consider to be macro technicals, things like 10-year |
| 1:28.0 | treasury yields and gold and fruit oil and the dollar. And we've added a couple of products focused |
| 1:34.4 | on crypto and cannabis and we do some sector deep dives. So we really cover a lot of ground |
| 1:40.9 | with our research and we're looking for opportunities first and foremost, but we're also trying to help |
| 1:46.8 | our clients manage risks. So I think the charts are really just so designed for that and that we |
| 1:53.6 | can identify key levels, things like support and resistance levels. And also we have indicators |
| 2:00.0 | that take out some of the emotion of trading and investing and help us understand when risk might |
| 2:06.4 | be heightened. A day like today, of course, that I call it the inverse property of technical analysis, |
| 2:11.3 | like demand for my services goes up when the market goes down. So I'm hearing a lot more for my |
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