SP 500 Renko Chart Trading and Technical Analysis 9/30/21

Overview Renko Chart Trading The S&P 500 $SPX had another chance to retest the 4,380 resistance level today, but it failed. It was unable to rise beyond 4,380 and finished the day in the red. According to Renko chart trading patterns and technical analysis, the ascending trendline running from 3270 to 3774 has been broken.… Continue reading SP 500 Renko Chart Trading and Technical Analysis 9/30/21

Use Renko Chart for Profitable Trading and Investing

What is a Renko chart and how does it work? Renko charts are a type of trading chart that eliminates minor price fluctuations, allowing traders to concentrate on the big picture. They’re comprised of Renko bricks that move at a 45-degree angle to each other up and down. A Renko chart’s brick size, which controls… Continue reading Use Renko Chart for Profitable Trading and Investing

SP 500 Renko Chart Trading and Technical Analysis 9/22/21

Overview Renko Chart Trading Today, the SP 500 $SPX had a chance to retest some resistance levels, including 4,380, 4404, and 4,422, but 4,404 proved to be a difficult resistance level to overcome on the first attempt. It couldn’t hold on to its gains and concluded the day below the 4,400 mark. According to Renko chart… Continue reading SP 500 Renko Chart Trading and Technical Analysis 9/22/21

SP 500 Renko Chart Trading and Technical Analysis 9/21/21

Overview Renko Chart Trading Today, I’m switching to $SPX. The SP 500 $SPX had a good start today, but it couldn’t hold on to its gains. The day ended up being a flop. The ascending trendline extending from 3270 to 3774 has been broken, according to Renko chart trading patterns and technical analysis. The bullish… Continue reading SP 500 Renko Chart Trading and Technical Analysis 9/21/21

SP 500 Renko Chart Trading and Technical Analysis 9/14/21

Overview Renko Chart Trading Today’s SP 500 FUTURES had a strong start, but it couldn’t maintain its gains. In the end, the day was a flop. According to Renko chart trading patterns and technical analysis, the ascending trendline running from 3234 to 3750 is approaching the 4,410 level. The bullish trend appears to be intact… Continue reading SP 500 Renko Chart Trading and Technical Analysis 9/14/21

SP 500 Renko Chart Trading and Technical Analysis 9/9/21

Overview Renko Chart Trading The SP 500 FUTURES had a good start today, but it couldn’t hold on to its gains. In the end, the day ended in a loss. The ascending trendline running from 3234 to 3750 is approaching the 4,395 level, according to Renko chart trading patterns and technical analysis. On the whole,… Continue reading SP 500 Renko Chart Trading and Technical Analysis 9/9/21

SP 500 Renko Chart Trading and Technical Analysis 9/7/21

Overview Renko Chart Trading Today, the SP 500 FUTURES retreated somewhat. The all-time high is still 4,549. It hit a high of 4,548 during the day before reversing. The SP 500’s bullish trend is still very much intact, according to Renko chart trading patterns and technical analysis. The ascending trendline is approaching the 4,390 level,… Continue reading SP 500 Renko Chart Trading and Technical Analysis 9/7/21