Overview Use SP 500 Futures Renko chart for the forecast and technical analysis today, 5/4/21. The Renko chart uses a traditional 6-point brick size 4176 has become the resistance 4128 […]
SP 500 FUTURES RENKO CHART Sees 4220 Strong Resistance
Overview What Happened The market gapped higher today and had a very strong start. Tesla spent all day in the red losing 3% or so, but Apple performed well. Dow […]
SP 500 FUTURES Closed above 4176 Support but the Downside Is Threatening
SP500 FUTURES closed above the support level of 4176, which is good for the bull; however, 4180 is very close to the 4176 support. In essence, it posts some ambiguity […]
SP 500 FUTURES Stays Afloat above Support 4176
SP500 FUTURES closed down. The market awaits Powell’s reassurance. Powell is expected to state the same comment: No inflation. Keep buying bonds. 0% interest rate. FED to maintain its dovish […]
SP 500 FUTURES Renko Chart above 4176 Resistance
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 […]