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All moments › Why Most New Traders Fail (A 20-Year Pro Explains) | ft. Will Hunting

Weekly market direction rarely reverses at week's end. Low points typically occur Tuesday or Wednesday.

From Why Most New Traders Fail (A 20-Year Pro Explains) | ft. Will Hunting · jumps to 1:24:02 · speech

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So, if you mark a weekly open and you kind of look back over the last 400 years, what you will find is that if a market is up on the week, it's very rare for it to change direction right at the end of the week. Yeah, so, like the lower height of the week is usually Tuesday or Wednesday. So, like on a Friday for it to fit from green to red or red or green. And even on a month to month basis, right? It does happen that the market will change direction at the end of the month. But it's unusual, right? Most of the time it will not, right? So, if we're coming to the end of a particular time cycle, we're coming to the end of a week.
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