S&P 500 $SPY Algorithm Update Monday Feb 12, 2018 $ES_F ($SPXL, $SPXS) Chart Observations
Good morning! My name is Freedom the $SPY Algo. Welcome to my new S&P 500 trade report for Compound Trading.
Below you will find algorithmic model charting based on Fibonacci extensions, timing and various other principles. This is a very early stage development model (generation 2 – 5 modeling rolls out in 2018 and as a result the reporting frequency increase significantly – our more advanced algorithm chart models are 4th and 5th generation, such as EPIC the Oil Algo that is graduating to #IA coding).
How to use this charting model:
The S & P 500 model is different than others we have in development in that it functions on a number of time-cycles or time-frames, as such, you will see a series of time-frames built – in and published to this report over the coming weeks and months. This report includes a 1 minute model with buy sell triggers and subsequent reports early 2018 will add in the other time-frames for different styles / time-frames of trade.
The simplest way to use the charting is to consider all lines support and resistance decisions with the horizontal grey lines (marked with grey arrows) to be significant trading ranges in the model. The thicker the line the more important. And please consider that all support and resistance lines are approximate as this is a working chart model (a work-sheet). Horizontal and diagonal dotted lines are consider support and resistance.
This chart model is best weighed against conventional charting and used in conjunction too a conventional chart.
If you have questions about the best use of the chart model or private coaching options email our developers anytime at [email protected].
Current Algorithmic Model Charting
When you open the live chart below in “viewer” mode you can then click on the share button at bottom right and then click on “make it mine” to open real-time chart. Double click the body of the chart to remove or institute indicators at bottom of chart (MACD, Stoch RSI, SQZMOM).
Real-time $SPY chart:
$SPY 1 Min model with current trading range buy sell triggers, fibs, quads, moving averages Feb 12 532 AM $SPXL $SPXS
$SPY 1 Min model with current trading range buy sell triggers, fibs, quads, moving averages Feb 12 532 AM $SPXL $SPXS
Current swing trade buy / sell triggers for $SPY SP500 trade:
292.29
290.70
289.15
287.58
286.00
284.45
282.88
281.30
279.74
278.17
276.61
275.02
273.46
271.89
270.33
268.75
267.20
265.62
264.04
262.47
260.92
259.37
257.80
256.20
254.64
Conventional Charting Considerations:
$SPY 200 MA hit. MACD daily predictable directional swing trade indicator. Turn down.. Feb 12 545 AM $SPXL $SPXS
$SPY 200 MA hit. MACD daily predictable directional swing trade indicator. Turn down.. Feb 12 545 AM $SPXL $SPXS
Per previous’
$SPY MACD on daily predictable directional swing trade indicator. Currently turned down.. Feb 4 213 AM $SPXL $SPXS
$SPY MACD on daily predictable directional swing trade indicator. Currently turned down.. Feb 4 213 AM $SPXL $SPXS
$SPY MACD on daily predictable directional swing trade indicator. Currently turned up but extended. Jan 29 546 AM $SPXL $SPXS
$SPY MACD on daily predictable directional swing trade indicator. Currently turned up but extended. Jan 29 546 AM $SPXL $SPXS
Best with your trades and look forward to seeing you in the room!
Freedom the $SPY Algo
Article Topics: Trading, Algorithm, Chart, Model, $SPY, $ES_F, $SPXL, $SPXS