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 […]
S&P 500 FUTURES Daily Renko Chart 4/15/2021 – Up and up We Go. Let’s Party.
Below is the S&P 500 Futures Daily Renko chart. No changes. Currently, the RSI is 95 when the Price is 4128. If today is another up day, it’s simply pushing […]
S&P 500 Weekly Parabolic SAR Chart 4/14/2021 – 6 Months up and More? What a Rosy Picture for Us All.
The weekly Parabolic SAR turned bullish on the week of 10/20/2020. By 4/20/2021, it will have accomplished an incredible uptrend for 6 months without any major correction. This morning, Goldman […]
S&P 500 FUTURES Daily Renko Chart 4/13/2021 – Sky Is the Limit. The Index Will Never Fall Again. Ever.
Below is the S&P 500 Futures Daily Renko chart. RSI = 95. Price = 4130. Yet, another up day. Analysts are coming out and saying the stock valuation may be […]