Overview Not very much has changed since last Friday. The market sentiment is still cautiously bullish even though more and more people expect the market to correct soon. In today’s […]
SP 500 FUTURES Building M or W – Bullish or Bearish?
Market was up, but turned lower because of the ‘tax-the-rich’ comment. Looks like a forced sell-off. Market is looking for a reason to correct. Nonetheless, I think the sell-off is […]
SP 500 FUTURES Bullish Sentiment Should See 4110 Holding
The market was overbought, so the retreat appears to be normal. Despite this, the 4,110 support level appeared to be fairly firm. From here, the SP 500 should be able […]
S&P 500 FUTURES Daily Renko Chart 4/19/2021 – A Disappointing Widely Expected Pullback
Today’s pull back was insignificant although widely expected. The fall began on Sunday evening after the Asia open. It was gradual and slow and tiny. In the final half an hour […]
S&P 500 FUTURES Daily Renko Chart 4/16/2021 – RSI Is Approaching 100.
Below is the S&P 500 Futures daily Renko chart. The RSI is 97, and the price is 4176. The index continued to be resilient and a correction seemed impossible. The […]