S&P 500 $SPY Trade Update Wednesday Feb 1, 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 for Compound Trading.
Below is classic charting models / scenarios, and will be such until Monday. We have the math in play, we just need a few days. And to be frank, our US Dollar math finally locked in yesterday (after months of work) so we spent the evening completing the model. So this weekend $SPY and $VIX will be our focus. When they are done this weekend then all six are finished.
Midweek Update
Ascending Trade Scenario 1 – S&P 500 $SPY Trade Charting Wed Feb 1 529 AM $ES_F ($SPXL, $SPXS)
$SPY Live Trading Chart: https://www.tradingview.com/chart/SPY/6CTWMgsJ-Ascending-Trade-Scenario-1-S-P-500-SPY-Trade-Charting-Wed-Feb/
Price action is following this charting model moderately well so far – our traders will follow it until it doesn’t work.
Ascending Trade Scenario 1 – S&P 500 $SPY Trade Charting Wed Feb 1 529 AM $ES_F ($SPXL, $SPXS)
Per Yesterday; No update here – time will tell…
Sideways Trade Scenario 1 – S&P 500 $SPY Trade Charting Tues Jan 31 437 AM $ES_F ($SPXL, $SPXS)
This is still intact, until it isn’t.
Sideways Trade Scenario 1 – S&P 500 $SPY Trade Charting Tues Jan 31 437 AM $ES_F ($SPXL, $SPXS)
Per Yesterday with this one also; No update here – time will tell…
Price Cycle Trade Scenario 1 – S&P 500 $SPY Trade Charting Tues Jan 31 440 AM $ES_F ($SPXL, $SPXS)
This chart model is also intact, until it isn’t.
Price Cycle Trade Scenario 1 – S&P 500 $SPY Trade Charting Tues Jan 31 440 AM $ES_F ($SPXL, $SPXS)
Tight Fibonacci Lines for Intrad Day Trading our Traders in Chatroom will use today – S&P 500 $SPY Trade Charting Wed Feb 1 546 AM $ES_F ($SPXL, $SPXS)
Live $SPY Chart: https://www.tradingview.com/chart/SPY/Fq2zwwKv-Tight-Fibonacci-Lines-for-Intrad-Day-Trading-our-Traders-will-us/
Tight Fibonacci Lines for Intrad Day Trading our Traders will use today – S&P 500 $SPY Trade Charting Wed Feb 1 546 AM $ES_F ($SPXL, $SPXS)
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