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,…
Tag: SP500
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….
SP 500 Technical Analysis and Forecast Renko Chart 6/22/21
Overview Technical Analysis and Forecast On Sunday, we began trading the SP 500’s September FUTURES contract. The figures in the technical analysis may vary somewhat, but the general picture and the forecast remain the same. Since Sunday, the SP 500 FUTURES has made a significant comeback. It did drop to…
SP 500 Technical Analysis and Forecast Renko Chart 6/18/21
Overview Technical Analysis and Forecast During the overnight sessions, the SP 500 FUTURES were flat. It was unable to break through the resistance zone of 4,224 to 4,230. When the US market opened, it began to fall. It eventually closed at the low of the day. The Renko chart’s technical…
SP 500 Technical Analysis and Forecast Renko Chart 6/17/21
Overview Technical Analysis and Forecast The SP 500 FUTURES found support at 4,190. It then recovered and reached a high of 4230. The price then fell again, retested the 4,190 level, and rebounded from there. It moved in a zigzag pattern. The technical analysis and forecasts of the Renko chart…