W Pattern Double Bottom Is a Reliable Bullish Trading Signal

Overview After the close of 4/23/2021, the W Double Bottom pattern is visible on both the daily and hourly SP 500 FUTURES Renko charts. However, confirmation is lacking because the index failed to close above the most recent all-time high close, 4176. The W-shaped double bottom might be verified by the end of the week. What’s… Continue reading W Pattern Double Bottom Is a Reliable Bullish Trading Signal

How To Trade Using Renko Chart with Comprehensive Analysis

Overview September 3, 2021 In today’s article, we’ll delve further into SP 500 Renko charts and Renko chart trading techniques. Renko charts across many timeframes will also be analyzed from a technical perspective. Renko Chart Trading The SP 500 FUTURES kept climbing higher. 4,549 is the all-time high. According to Renko chart trading patterns and… Continue reading How To Trade Using Renko Chart with Comprehensive Analysis

This Easy Renko Chart Technical Analysis for SP 500

Overview This post is all about the Renko chart technical analysis. In this post, you will learn how to use Renko charts for technical analysis in your trading. You will also learn how to use Renko charts to find the direction of a trend, when to enter and leave a trade, and today’s technical analysis… Continue reading This Easy Renko Chart Technical Analysis for SP 500

How to Boost High Dividend Covered Call Returns

Boost Returns With High-Dividend Stock Covered Calls Writing covered calls on high-yield dividend stocks is a common way to increase returns on an investment portfolio. This is because the call option premium protects against the drop in share price on the ex-dividend date. When the yield is high, the risk is low. The option premium… Continue reading How to Boost High Dividend Covered Call Returns

How to Use Renko chart in Technical Analysis 10/01/21

Overview Renko Chart Trading After temporarily dipping below the 4,300 psychological barrier, the S&P 500 $SPX sought to retest the 4,356 and 4,380 resistance levels today. $SPX didn’t quite make it to the 4,260 support mark. It did, however, find some support in the 4,288 area. It was unable to surge above 4,380 and ended… Continue reading How to Use Renko chart in Technical Analysis 10/01/21

How to Make More Money with RSI Using Covered Calls

Overview As part of this post, we’ll take a deeper look at the SP 500 Futures Renko chart, technical analysis, and a simple covered call strategy. For additional information on technical analysis using Renko charts, please see this post, which describes the techniques in further depth. Renko Chart Technical Analysis On the daily Renko chart… Continue reading How to Make More Money with RSI Using Covered Calls

Investment: How to Take a Holistic Approach – 1

Why is Holistic Financial and Investment Planning Important? A pandemic changes the way people invest. For some, this means putting their money into assets that are safer. For others, it means rethinking how they decide how much risk to take. Others have to wait for the market to settle down. To survive the market slump,… Continue reading Investment: How to Take a Holistic Approach – 1

SP 500 Renko Chart Trading and Technical Analysis 11/10/21

Overview Renko Chart Trading On November 5, the $SPX reached a new all-time high of 4,718 before retracing its steps and ending slightly below 4,700. When looking at the daily Renko chart, it was never able to close above the 4,700 mark. Currently, the all-time closing on the Renko daily chart is 4,692. In spite… Continue reading SP 500 Renko Chart Trading and Technical Analysis 11/10/21

SP 500 Renko Chart Trading and Technical Analysis 11/5/21

Overview Renko Chart Trading The $SPX spiked to new highs before backtracking and finishing just below 4,700. The all-time high was reached during today’s session before the market retraced little, and it is currently around 4,718. On the Renko daily chart, the all-time close is 4,692. Higher highs are forecast based on Renko chart trading… Continue reading SP 500 Renko Chart Trading and Technical Analysis 11/5/21