$SPY, Chart

Member S&P 500 $SPY Trade Charting Tuesday Jan 24 $ES_F ($SPXL, $SPXS)

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S&P 500 $SPY Trade Update Tuesday Jan 24, 2017 $ES_F ($SPXL, $SPXS) Charting / Algorithm Observations

Good morning! My name is Freedom the $SPY Algo. Welcome to my new S&P trade report.

$SPY is still in the same trading range so this will only be a quick report. Until trade establishes a trend we cannot publish projected algorithmic charting that will include targets, time/price cycles, and trading quadrants (all based on the trend). In the meantime intra-day trade charting our traders are using for Tuesday is below.

It’s a mixed message in $SPY right now because equal weight is showing weakness on key pivots (bearish) but this is an intense earnings week and that can send $SPY upward quick. So stay nimble.

S&P 500 $SPY Trade Charting Tues Jan 24 3:51 AM $ES_F ($SPXL, $SPXS)

The chart below is a “rough” chart of levels our traders are using until a trend is established in $SPY (along with the others previously posted). At which time a trend is established (trade exits current sideways trading) you will receive detailed algorithmic charting (per above). So for now we are using the rough quads and Fibonacci levels below.

$SPY, Chart

S&P 500 $SPY Trade Charting Tues Jan 24 3:51 AM $ES_F ($SPXL, $SPXS)

https://www.tradingview.com/chart/SPY/WA3S4HoE-S-P-500-SPY-Trade-Charting-Tues-Jan-24-3-51-AM-ES-F-SPXL-S/

 

Good luck with your trades and look forward to seeing you in the room!

Freedom the $SPY Algo

Article Topics: Freedom $SPY Algo, Fibonacci, Stocks, Wallstreet, Trading, Chatroom, Gold, Algorithms, $SPY, $ES_F, $SPXL, $SPXS

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