Below is the S&P hourly Renko chart. It looks very similar to the pattern occurred between 3/11/2021 and 3/15/2021. Is it building a W or an M?
Related Posts
Had You Bought Netflix Last Year, You Could Have Laughed All the Way to the Bank Now
Why didn’t I buy Netflix when it was about $90 a share last February? I was afraid. The experts were really questioning its ability to increase its subscribers. Look at it now. The stock price is almost doubled. Its newly added subscriber numbers crashed the wall street estimates this quarter….
Nasdaq Is Now Officially Passing the 20% Gain Mark YTD
Powerhouse Nasdaq officially passed the 20% gain mark year to date today. If your 401(k) portfolio is tracking Nasdaq closely this year, your $500,000 nest egg could be worth $600,000 at this point. Isn’t that great? The experts and alike are still waiting for the correction that may not occur…
SP 500 Futures Renko Chart Technical Analysis 5/17/21
Overview SP 500 FUTURES consolidated below 4176 within a very narrow range. The bulls need to break the 4164 / 4176 resistance zone in order to continue pushing the price higher. To determine the trend, support and resistance, I use the Renko chart technical analysis and patterns for today’s analysis….