Overview Renko Chart Technical Analysis SP 500 FUTURES was once again unable to break above the strong resistance level at 4176 and ended lower for the day. During the overnight […]
SP 500 Futures Renko Chart Technical Analysis 5/19/21
Overview SP 500 FUTURES was unable to break above the strong resistance level at 4176 and fell below the important support zone, 4128 / 4110, decidedly yesterday. The selling pressure […]
SP 500 Futures Renko Chart Technical Analysis 5/17/21
Overview SP 500 FUTURES consolidated below 4176 within a very narrow range. The bulls need to break the 4164 / 4176 resistance zone in order to continue pushing the price […]
Update on SDS Buy-Write Strategy Covered Calls
Overview On 4/12/2012, I initiated a buy-write strategy covered calls with SDS, ProShares UltraShort S&P500. The ETF was acquired at a cost of $10 per share. The covered call contract […]
SP 500 Futures Renko Chart Technical Analysis 5/14/21
Overview SP 500 FUTURES continued the strong rebound from the recent low 4030. In 2 days, it has risen 145 points from 4030 to 4176, or 3.6% The buying power […]