S&P 500 $SPY Trade Update Wednesday Jan 18, 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.
Notices:
Just a quick chart update and live chart link as price is still trading within previous range. When the range changes we will update you with all new algorithmic model charting and targets for the trend.
$SPY Trading Observations:
Live Chart Link: https://www.tradingview.com/chart/SPY/6Fbs5oTc-S-P-500-SPY-Support-Resistance-Fib-Algo-Quadrants-Calcs-Wed-Jan/
Support and Resistance Lines and Fibonacci Levels Based on Algorithmic Modeling Available
Below is the 30 min chart our traders have prepared based on algorithmic calculations using Fibonacci to prepare for trade this week. If trade gets upward or lower momentum and price reacts to these levels use the levels – if not, do not. Trade the range in the quadrants and between Fibonacci lines until trend changes.
Freedom the $SPY Algo
Article Topics: Freedom $SPY Algo, Fibonacci, Stocks, Wallstreet, Trading, Chatroom, Gold, Algorithms, $SPY, $ES_F, $SPXL, $SPXS