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 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 […]
Uptrend Trendline Held Could Propel SP 500 Higher
Overview SP 500 continued to climb upwards. The uptrend trendline extending from 2191 to 3233 provided a solid support today. What’s Next One thing to note is the Parabolic SAR […]
Bollinger Bands and Renko Chart Indicate Resistance
What Happened S&P 500 Futures continued its upward correction from the recent high of 3959. From the all time high of 3959 to the recent low of 3720, 3868 is […]
Successful W Pattern Double Bottom Propels Dow DJIA Higher
What Happened In the daily Renko chart, the W pattern Double Bottom is apparent. Dow touched the low of 30560 twice, bounced off the low, and went up from there. […]