$SPY, 30 Min, Chart

S&P 500 $SPY Member Trade Charting Tues Feb 21 $ES_F $SPXL, $SPXS

FREEDOM SPYSP500 (SPY) Algorithm, , , , , , , , , , ,

S&P 500 $SPY Trade Update Tuesday Feb 21, 2017 $ES_F ($SPXL, $SPXS) Algorithmic Charting Observations

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

Current Trade in $SPY S&P 500.

S&P 500 $SPY Symmetry price target extensions, trade quadrants, Fibonacci. Trade Charting Thurs Feb 21 323 AM $ES_F $SPXL, $SPXS

https://www.tradingview.com/chart/SPY/zI4pOD7Z-S-P-500-SPY-Symmetry-price-target-extensions-trade-quadrants/

$SPY, Chart
S&P 500 $SPY Symmetry price target extensions, trade quadrants, Fibonacci. Trade Charting Thurs Feb 21 323 AM $ES_F $SPXL, $SPXS
Fibonacci – The Fibonacci levels have been predictable so we are leaving them as they are.

Trading Quadrants – The trading quadrants for the time frame are also predictable, not perfect, but predictable. We are going to reset these when trade moves out of current range.

Symmetry Extension – Most probable upside if trade is in uptrend is 236.56 before a decision. Most probable downside if trade is in a downtrend is 232.98 before a decision. Trade is currently in a fixed range 234.98 – 233.95.

Time / Price Cycles – There are currently no significant cycles in the charting.

Trading Bias – We have no bias at this time.

30 Min Chart Trading Ranges with Fibonacci, MAs, VWAP, Cloud, AO, TSI, Stoch RSI. S&P 500 $SPY Trade Charting Tues Feb 21 351 AM $ES_F $SPXL, $SPXS

Below are the levels our traders will be using for intra-day trade on Tuesday. The Fibonacci indicator settings have proven to be very precise in recent trade. The upside extension in this chart model is very similar to the chart above. Also, price is about to enter under the bottom center of a price apex – this chart bias is toward downside target of at least 231.72.

$SPY 30 Min Trading Levels Live Chart: https://www.tradingview.com/chart/SPY/oad7PuED-30-Min-Chart-Trading-Ranges-with-Fibonacci-MAs-VWAP-Cloud-AO/

$SPY, 30 Min, Chart
30 Min Chart Trading Ranges with Fibonacci, MAs, VWAP, Cloud, AO, TSI, Stoch RSI. S&P 500 $SPY Trade Charting Tues Feb 21 351 AM $ES_F $SPXL, $SPXS

$SPY MACD Bullish on 15 Min Chart

This chart is bullish – trade bias to upside to resistance noted in above charts and ratchet stops.

https://www.tradingview.com/chart/SPY/aoCCTSfU-SPY-MACD-Bullish-15-Min/

$SPY, 15 min, Chart, MACD
$SPY MACD Bullish

In summary, it seems best to trade with trend toward upside resistance in 236.56 area or to downside of 232.98 area. Tighter support range is 234.98 – 233.95.

When decision is made for uptrend or downtrend we will post detailed targets.

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, Algorithms, $SPY, $ES_F, $SPXL, $SPXS

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