SP 500 Renko Chart Trading and Technical Analysis 7/16/21

Overview Renko Chart Trading On Thursday, the SP 500 FUTURES began to trade downward. The declining trend accelerated on Friday, with the index closing at its lowest level of the week-4,314. The region between 4,350 and 4,384 looked to be troublesome on the 1-hour and 5-minute Renko charts on Wednesday, but it was not apparent… Continue reading SP 500 Renko Chart Trading and Technical Analysis 7/16/21

SP 500 Renko Chart Trading and Technical Analysis 7/14/21

Overview Renko Chart Trading The SP 500 FUTURES achieved a new all-time high of 4,384 today. It has been driving up the price since Sunday evening. We did witness some back and forth action today as the bulls continued to try to gain ground and momentum, but were cautious to do so as the price… Continue reading SP 500 Renko Chart Trading and Technical Analysis 7/14/21

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

Overview Renko Chart Trading Today, the SP 500 FUTURES reached a new all-time high of 4,364. It plummeted sharply yesterday, as though a top had formed and the trend had reversed. However, this was not the case. It fell to a low of 4,279 and then began to rebound. On Wednesday, we identified the 4,280… Continue reading SP 500 Renko Chart Trading and Technical Analysis 7/9/21

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

Overview Renko Chart Trading The SP 500 FUTURES hit a new all-time high of 4,353 today. It began the day with a low of 4,320 and continued to rise. Despite yesterday’s decline, the daily Renko chart analysis shows no change because the uptrend has stayed unchanged and the price is once again in record territory. The… Continue reading SP 500 Renko Chart Trading and Technical Analysis 7/7/21

SP 500 Renko Chart Trading and Technical Analysis 7/6/21

Overview Renko Chart Trading Today, the SP 500 FUTURES reached a new all-time high of 4,348 before falling back. It was in the red for most of the day. It was most likely because the recent upward trend had become overheated and overstretched. Despite today’s drop, there is no change on the daily Renko chart… Continue reading SP 500 Renko Chart Trading and Technical Analysis 7/6/21

SP 500 Renko Chart Trading and Technical Analysis 7/2/21

Overview Today, the SP 500 FUTURES reached a new all-time high of 4,347. After Thursday’s close, the futures continued to rise, and it closed around the day’s high at 4,342 on Friday. The SP 500’s technical analysis and Renko chart trading patterns suggest that the upward trend will continue. In addition, the longer-term bullish trend… Continue reading SP 500 Renko Chart Trading and Technical Analysis 7/2/21

SP 500 Renko Chart Trading and Technical Analysis 7/1/21

Overview Renko Chart Trading and Technical Analysis The SP 500 FUTURES achieved a new all-time high of 4,312 today. Today, the 4,300 mark was finally broken. Since Tuesday, the SP 500 has only reached a low of 4,269 before continuing its upward trend. Technical analysis and Renko chart trading patterns in the SP 500 indicate… Continue reading SP 500 Renko Chart Trading and Technical Analysis 7/1/21

SP 500 Renko Chart Trading and Technical Analysis 6/29/21

Overview Renko Chart Trading and Technical Analysis The objective is to make Renko chart trading simple. Today, the SP 500 FUTURES reached a new all-time high of 4,291, while the Renko chart’s record closing stayed at 4,284. The SP 500 continued to advance gradually today, but it was a touch bumpy. The trading range remained… Continue reading SP 500 Renko Chart Trading and Technical Analysis 6/29/21

SP 500 Renko Chart Trading and Technical Analysis 6/25/21

Overview Renko Chart Trading and Technical Analysis Today, the SP 500 FUTURES reached a new all-time high. The SP 500 continued to rise steadily throughout the day on Friday. We should keep a watch on the situation in the coming days to see whether prices will climb further. So far, no spectacular breakout has occurred,… Continue reading SP 500 Renko Chart Trading and Technical Analysis 6/25/21

SP 500 Technical Analysis and Forecast Renko Chart 6/24/21

Overview Technical Analysis and Forecast Today, the SP 500 FUTURES hit an all-time high. The SP 500 began to rise modestly overnight after yesterday’s closing. During the US session, it surpassed the previous high. Despite being in record territory, the SP 500 is just slightly higher than the prior high. We should keep an eye… Continue reading SP 500 Technical Analysis and Forecast Renko Chart 6/24/21