SP 500 Renko Chart Trading and Technical Analysis 9/14/21

Overview Renko Chart Trading Today’s SP 500 FUTURES had a strong start, but it couldn’t maintain its gains. In the end, the day was a flop. According to Renko chart trading patterns and technical analysis, the ascending trendline running from 3234 to 3750 is approaching the 4,410 level. The bullish trend appears to be intact… Continue reading SP 500 Renko Chart Trading and Technical Analysis 9/14/21

SP 500 Renko Chart Trading and Technical Analysis 9/9/21

Overview Renko Chart Trading The SP 500 FUTURES had a good start today, but it couldn’t hold on to its gains. In the end, the day ended in a loss. The ascending trendline running from 3234 to 3750 is approaching the 4,395 level, according to Renko chart trading patterns and technical analysis. On the whole,… Continue reading SP 500 Renko Chart Trading and Technical Analysis 9/9/21

SP 500 Renko Chart Trading and Technical Analysis 9/7/21

Overview Renko Chart Trading Today, the SP 500 FUTURES retreated somewhat. The all-time high is still 4,549. It hit a high of 4,548 during the day before reversing. The SP 500’s bullish trend is still very much intact, according to Renko chart trading patterns and technical analysis. The ascending trendline is approaching the 4,390 level,… Continue reading SP 500 Renko Chart Trading and Technical Analysis 9/7/21

SP 500 Renko Chart Trading and Technical Analysis 9/3/21

Overview Renko Chart Trading The SP 500 FUTURES kept climbing higher. 4,549 is the all-time high. According to Renko chart trading patterns and technical analysis, the SP 500’s bullish trend is still very much intact. The ascending trendline is approaching the 4,390 mark. The index is currently trading more than 150 points above this rising… Continue reading SP 500 Renko Chart Trading and Technical Analysis 9/3/21

SP 500 Renko Chart Trading and Technical Analysis 8/27/21

Overview Renko Chart Trading The previous high of the SP 500 FUTURES at 4,470 proved to be the immediate support that propelled the futures higher on Friday. In addition, the Fed chairman’s Jackson Hole speech reinforced the notion that reducing bond purchases would be reasonable by the end of the year. The market rose to… Continue reading SP 500 Renko Chart Trading and Technical Analysis 8/27/21

SP 500 Renko Chart Trading and Technical Analysis 8/26/21

Overview Renko Chart Trading The SP 500 FUTURES has been rising. It has been on a steady ascent since it plummeted to a low of 4,347 on August 18, 2021 and reversed, and it has yet again displayed a phenomenal V-shape reversal. The recovery was remarkable, and futures prices reached new highs. The most recent… Continue reading SP 500 Renko Chart Trading and Technical Analysis 8/26/21

SP 500 Renko Chart Trading and Technical Analysis 8/19/21

Overview Renko Chart Trading Since Monday, August 17, 2021, the SP 500 FUTURES has been on the decline. Since the index changed direction, the latest high of 4,476 has remained the highest point. The daily Renko chart trading pattern continues to reflect a positive trend that has now reached a halt and entered a new… Continue reading SP 500 Renko Chart Trading and Technical Analysis 8/19/21

SP 500 Renko Chart Trading and Technical Analysis 8/10/21

Overview Renko Chart Trading The SP 500 FUTURES has not moved much since the July job report last Friday, although it has quietly creeped upward. The recent low of 4,380 remained as the first line of defense if the index reversed direction. The daily Renko chart trading pattern continues to show a positive trend that… Continue reading SP 500 Renko Chart Trading and Technical Analysis 8/10/21

SP 500 Renko Chart Trading and Technical Analysis 8/5/21

Overview Renko Chart Trading Since Monday, the SP 500 FUTURES has been zigzagging between 4,370 and 4,422. The lowest point was 4,365. The level of support at 4,370 has proven to be solid. It closed at an all-time high today, despite being only a quarter point higher than the previous record high. The daily Renko… Continue reading SP 500 Renko Chart Trading and Technical Analysis 8/5/21

SP 500 Renko Chart Trading and Technical Analysis 8/2/21

Overview Renko Chart Trading The SP 500 FUTURES began the day higher and remained there for the majority of the day, but then reversed course and closed lower. The record high of 4,422 was maintained, and the consolidation pattern continued. The daily Renko chart trading pattern clearly shows a positive trend that is currently stalled.… Continue reading SP 500 Renko Chart Trading and Technical Analysis 8/2/21