Overview SP 500 Forecast Today and Renko Chart Trading As a result of the COVID scare, the $SPX has continued its precipitous decline. With today’s SP 500 trading patterns and forecast on the Renko chart, it appears as if that psychological support of 4,500 is now under threat of being…
Tag: SP500 Outlook
SP 500 Forecast Today and Renko Chart Trading 11/26/21
Overview SP 500 Forecast Today and Renko Chart Trading Despite the fact that the all-time high was still at 4,718 on the Renko daily chart, the all-time closing price on the Renko daily chart remains at 4,704. On Friday, the $SPX, unable to reach new highs due to the COVID…
SP 500 Forecast Today and Renko Chart Trading 11/19/21
Overview SP 500 Forecast Today and Renko Chart Trading The all-time closing price on the Renko daily chart is now at 4,704, despite the fact that the all-time high was still at 4,718. After bouncing back up from the 4,630 level, the $SPX surged nearly 90 points higher. According to…
SP 500 Forecast Today and Renko Chart Trading 11/12/21
Overview SP 500 Forecast Today and Renko Chart Trading The all-time closing price on the Renko daily chart is currently at 4,692, despite the fact that the all-time high is 4,718. The recent retracement recorded a low near the 4,630 mark, and the S&P 500 was able to bounce back…