Overview Renko Chart Trading Today, the SP 500 $SPX had a chance to retest some resistance levels, including 4,380, 4404, and 4,422, but 4,404 proved to be a difficult resistance level to overcome on the first attempt. It couldn’t hold on to its gains and concluded the day below the 4,400…
Tag: Trendline
SP 500 Renko Chart Trading and Technical Analysis 9/21/21
Overview Renko Chart Trading Today, I’m switching to $SPX. The SP 500 $SPX had a good start today, but it couldn’t hold on to its gains. The day ended up being a flop. The ascending trendline extending from 3270 to 3774 has been broken, according to Renko chart trading patterns…
SP 500 Renko Chart Trading and Technical Analysis 9/14/21
Overview Renko Chart Trading Today’s SP 500 FUTURES had a strong start, but it couldn’t maintain its gains. In the end, the day was a flop. According to Renko chart trading patterns and technical analysis, the ascending trendline running from 3234 to 3750 is approaching the 4,410 level. The bullish…
SP 500 Renko Chart Trading and Technical Analysis 9/9/21
Overview Renko Chart Trading The SP 500 FUTURES had a good start today, but it couldn’t hold on to its gains. In the end, the day ended in a loss. The ascending trendline running from 3234 to 3750 is approaching the 4,395 level, according to Renko chart trading patterns and…
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 indicator is currently at 3857. The index is currently at 3942. Tomorrow, the Parabolic SAR will probably be at 3870 or…