S&P 500 $SPY Trade Update Tuesday Jan 31, 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.

Midweek Update

Ascending Trade Scenario 1 – S&P 500 $SPY Trade Charting Tues Jan 31 533 AM $ES_F ($SPXL, $SPXS)

Price action is following this charting model perfectly so far – our traders will follow it until it doesn’t work.

https://www.tradingview.com/chart/SPY/yBDAwxa9-Ascending-Trade-Scenario-1-S-P-500-SPY-Trade-Charting-Mon-Jan/

$SPY, Chart

Ascending Trade Scenario 1 – S&P 500 $SPY Trade Charting Tues Jan 31 533 AM $ES_F ($SPXL, $SPXS)

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.

https://www.tradingview.com/chart/SPY/o4e66qIA-Sideways-Trade-Scenario-1-S-P-500-SPY-Trade-Charting-Tues-Jan/

 

$SPY, Chart, Sideways, Price

Sideways Trade Scenario 1 – S&P 500 $SPY Trade Charting Tues Jan 31 437 AM $ES_F ($SPXL, $SPXS)

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.

https://www.tradingview.com/chart/SPY/elQYEchD-Price-Cycle-Trade-Scenario-1-S-P-500-SPY-Trade-Charting-Tues/

$SPY, Descending, Chart

Price Cycle Trade Scenario 1 – S&P 500 $SPY Trade Charting Tues Jan 31 440 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