A couple days ago the headlines preached that solid jobs numbers weren't able to move the markets back up. Now today, the news is stating that jobs are pushing a gradual economic recovery and lifting the markets. The truth is, nothing really changed in the last few days, the pressure on writers to come up with the next headline simply forces these kinds of flim flams. When you step back and sort through it all, you can use the news to grab huge wins. Jobs data IS positive. There is global stress that has the potential to drive markets. Inflation is a very real concern. The best way to determine what information is correct is to use the charts the news points you to. When we hear that jobs data is being overlooked, turn to the index charts and see what they are saying. Headlines can interpret events however they want, but the chart will tell you exactly how people are trading it. All three major indexes are trending up this week and finding support at their 10 day moving averages. That shows that traders, unlike the news desks, are optimistic about the job data. What about international issues? Look at oil. There are definitely issues in the Middle East and, along with reserves not keeping up, it is pushing oil up. The chart shows that oil rallied this week and looks to extend. Writers are just humans and are subject to opinions, no matter how hard they try. Charts are facts. They reveal how the markets are truly responding to the news. Ian Cooper spotted some news about Beyond Meat last week and went straight to the charts. When he saw it push through resistance, he knew it was moving up fast. He alerted his readers to this and handed them a 4x return in just 2 days. That is how powerful the combination of news and charts can be. If you want to learn more about how he did it, you can still access his offer for just $1 from earlier today. Here is the link © 2021 Tradewins Publishing. All rights reserved. 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