Overview Here’s an update on the stock symbol CC covered calls I started on 6/23/2021. Due to recent market fluctuations, I adjusted my positions on 7/8/2021. Here’s some background information on the stock and the covered call strategy. This is about the CC shares I bought and sold along with…
Month: July 2021
SP 500 Renko Chart Trading and Technical Analysis 7/9/21
Overview Renko Chart Trading Today, the SP 500 FUTURES reached a new all-time high of 4,364. It plummeted sharply yesterday, as though a top had formed and the trend had reversed. However, this was not the case. It fell to a low of 4,279 and then began to rebound. On…
SP 500 Renko Chart Trading and Technical Analysis 7/7/21
Overview Renko Chart Trading The SP 500 FUTURES hit a new all-time high of 4,353 today. It began the day with a low of 4,320 and continued to rise. Despite yesterday’s decline, the daily Renko chart analysis shows no change because the uptrend has stayed unchanged and the price is…
SP 500 Renko Chart Trading and Technical Analysis 7/6/21
Overview Renko Chart Trading Today, the SP 500 FUTURES reached a new all-time high of 4,348 before falling back. It was in the red for most of the day. It was most likely because the recent upward trend had become overheated and overstretched. Despite today’s drop, there is no change…
SP 500 Renko Chart Trading and Technical Analysis 7/2/21
Overview Today, the SP 500 FUTURES reached a new all-time high of 4,347. After Thursday’s close, the futures continued to rise, and it closed around the day’s high at 4,342 on Friday. The SP 500’s technical analysis and Renko chart trading patterns suggest that the upward trend will continue. In…