Overview Renko Chart Trading After temporarily dipping below the 4,300 psychological barrier, the S&P 500 $SPX sought to retest the 4,356 and 4,380 resistance levels today. $SPX didn’t quite make it to the 4,260 support mark. It did, however, find some support in the 4,288 area. It was unable to surge above 4,380 and ended… Continue reading How to Use Renko chart in Technical Analysis 10/01/21
Tag: Trendline
Renko Charts and the SP 500 Forecast Now 1-10-22
Overview Today’s post will cover the current SP 500 forecast, technical analysis of SP 500 Renko charts, the covered call strategy and major support and resistance levels across multiple timeframes. SP 500 Forecast and Charts On January 1, 2022, the most recent forecast for the S & P 500 index was completed. You can find… Continue reading Renko Charts and the SP 500 Forecast Now 1-10-22
Renko Charts and the SP 500 Forecast Right Now
Overview Today’s post will cover the SP 500 forecast for the time being, technical analysis of SP 500 Renko charts, the covered call strategy and major support and resistance levels across several timeframes. SP 500 Forecast and Charts On January 1, 2022, the most recent forecast for the S & P 500 index was completed.… Continue reading Renko Charts and the SP 500 Forecast Right Now
SP 500 Forecast Now and Renko Charts 12/20/21
Overview In today’s post, we’ll go over the SP 500 forecast for the time being, the technical analysis of the SP 500 Renko charts, covered call strategy and important support and resistance levels on multiple timeframes. SP 500 Forecast and Charts A number of different algorithms are used to carry out the calculations. In addition… Continue reading SP 500 Forecast Now and Renko Charts 12/20/21
SP 500 Forecast & Renko Charts Technical Analysis 12/09/21
Overview In today’s post, we’ll cover the SP 500 Renko charts technical analysis, the SP 500 forecast today and important support and resistant levels. SP 500 Renko Charts Technical Analysis and Forecast Today As a consequence of the COVID debacle, $SPX was able to regain its footing at the 4,500 level and stage a remarkable… Continue reading SP 500 Forecast & Renko Charts Technical Analysis 12/09/21
SP 500 Renko Chart Trading and Technical Analysis 11/10/21
Overview Renko Chart Trading On November 5, the $SPX reached a new all-time high of 4,718 before retracing its steps and ending slightly below 4,700. When looking at the daily Renko chart, it was never able to close above the 4,700 mark. Currently, the all-time closing on the Renko daily chart is 4,692. In spite… Continue reading SP 500 Renko Chart Trading and Technical Analysis 11/10/21
SP 500 Renko Chart Trading and Technical Analysis 11/5/21
Overview Renko Chart Trading The $SPX spiked to new highs before backtracking and finishing just below 4,700. The all-time high was reached during today’s session before the market retraced little, and it is currently around 4,718. On the Renko daily chart, the all-time close is 4,692. Higher highs are forecast based on Renko chart trading… Continue reading SP 500 Renko Chart Trading and Technical Analysis 11/5/21
SP 500 Renko Chart Trading and Technical Analysis 10/27/21
Overview Renko Chart Trading The $SPX reached fresh highs before retracing slightly and closing in the red. The all-time high, which was established during the day before the market reversed, stands at approximately 4,598. The all-time close on the Renko daily chart is 4,572. Because the $SPX is comfortably sitting in record territory and the… Continue reading SP 500 Renko Chart Trading and Technical Analysis 10/27/21
SP 500 Renko Chart Trading and Technical Analysis 10/22/21
Overview Renko Chart Trading The $SPX has risen to new highs and is now trading at all-time highs. The all-time high is near 4,560, while the Renko daily chart all-time closing is 4,548 on Friday. Higher highs are forecast based on Renko chart trading patterns and technical analysis, as $SPX is comfortably resting in record… Continue reading SP 500 Renko Chart Trading and Technical Analysis 10/22/21
SP 500 Renko Chart Trading and Technical Analysis 10/19/21
Overview Renko Chart Trading $SPX has pushed higher and is now within striking distance of the all-time close of 4,536. $SPX reclaimed the 4,500 region with ease after breaking through a critical barrier near 4,476. According to Renko chart trading patterns and technical analysis, higher highs are expected once the all-time high has been cleared.… Continue reading SP 500 Renko Chart Trading and Technical Analysis 10/19/21