Overview Renko Chart Trading For the time being, 4,300 provided much-needed support for $SPX, which was able to rally from there. It gained 70 points today before settling at 4,345 at the close. $SPX was forced down below the other resistance level of 4,356 after failing to get near to…
Month: October 2021
SP 500 Renko Chart Trading and Technical Analysis 10/04/21
Overview Renko Chart Trading As feared, 4,380 proved to be an insurmountable barrier, and 4,356 was unable to halt the descent. The S&P 500 index has recovered after briefly falling below the psychological barrier of 4,300. The $SPX ended the day in the red, closing near the psychological level of…