S&P 500 SPY Algorithm (Freedom Algo) Update Monday June 4, 2018.
$SPY $ES_F ($SPXL, $SPXS) Chart Observations
My name is Freedom the SPY Algo ($SPY). Welcome to my S&P 500 trade report for Compound Trading Group.
Below you will find algorithmic model charting based on Fibonacci extensions, timing and various other principles. This is a very early stage development model (generation 2 – 5 modeling rolls out in 2018 and as a result the reporting frequency increase significantly – our more advanced algorithm chart models are 4th and 5th generation, such as EPIC the Oil Algo that is graduating to #IA coding).
Notices:
NA
How to use this charting model:
The S & P 500 model is different than others we have in development in that it functions on a number of time-cycles or time-frames, as such, you will see on some reporting a series of time-frames. This report includes a 1 minute model and a 60 minute model with buy sell triggers and reports in near future will include other time-frames for different styles / time-frames of trade.
The simplest way to use the charting is to consider all lines support and resistance decisions with the horizontal grey lines (marked with grey arrows) to be significant trading ranges in the model. The thicker the line the more important. And please consider that all support and resistance lines are approximate as this is a working chart model (a work-sheet). Horizontal and diagonal dotted lines are consider support and resistance.
This chart model is best weighed against conventional charting and used in conjunction with a conventional chart.
If you have questions about the best use of the chart model or private coaching options email our developers anytime at [email protected].
SP500 Algorithm (SPY). 1 Min Chart (Intra-Day Trading) $SPY.
Current Buy / Sell Triggers for $SPY SP500:
292.29
290.70
289.15
287.58
286.00
284.45
282.88
281.30
279.74
278.17
276.61
275.02
273.46
271.89
270.33
268.75
267.20
265.62
264.04
262.47
260.92
When you open the live chart below in “viewer” mode you can then click on the share button at bottom right and then click on “make it mine” to open real-time chart. Double click the body of the chart to remove or institute indicators at bottom of chart (MACD, Stoch RSI, SQZMOM).
SP500 Algorithm (SPY). 1 Min chart. Current trade. Buy sell triggers, fibs, quads, MA’s. June 4 400 AM. $SPY $ES_F $SPXL $SPXS #Algorithm #SPY
SP500 Algorithm (SPY). 1 Min chart. Current trade. Buy sell triggers, fibs, quads, MA’s. June 4 400 AM. $SPY $ES_F $SPXL $SPXS #Algorithm #SPY
Per recent;
$SPY 1 Min model with current trading range buy sell triggers, fibs, quads, moving averages May 29 317 AM $SPXL $SPXS
$SPY 1 Min model with current trading range buy sell triggers, fibs, quads, moving averages May 29 317 AM $SPXL $SPXS
SP500 Algorithm (SPY). 60 Minute Chart (Swing Trading) $SPY:
SP500 Algorithm (SPY). 60 Min chart. Current trade above mid quad support. June 4 421 AM. $SPY $ES_F $SPXL $SPXS #Algorithm #SPY
SP500 Algorithm (SPY). 60 Min chart. Current trade above mid quad support. June 4 421 AM. $SPY $ES_F $SPXL $SPXS #Algorithm #SPY
Per previous;
$SPY 60 in algorithm model – 273.30 resistance, 273.60, 274.51, 276.04, 276.30, 278.43 – .50 May 30 main resistance price target.
$SPY 60 in algorithm model – 273.30 resistance, 273.60, 274.51, 276.04, 276.30, 278.43 – .50 May 30 main resistance price target.
Per recent;
$SPY 60 minute chart model with channels, Fibonacci, support, resistance, price targets, time cycles. May 21 440 AM $ES_F $SPXL $SPXS
https://www.tradingview.com/chart/SPY/5cWRewRa-SPY-60-minute-chart-model-with-channels-Fibonacci-support-re/
Per recent;
$SPY 60 minute chart model with channels, Fibonacci, support, resistance, price targets, time cycles. May 13 244 PM $ES_F $SPXL $SPXS
https://www.tradingview.com/chart/SPY/5pP9V65v-SPY-60-minute-chart-model-with-channels-Fibonacci-support-re/
SP500 (SPY) Conventional Charting Considerations $SPY:
SP500 (SPY) Chart – Trade above moving averages but MACD is turned down on daily. $SPY $ES_F $SPXL $SPXS #SPY #Chart
SP500 (SPY) Chart – Trade above moving averages but MACD is turned down on daily. $SPY $ES_F $SPXL $SPXS #SPY #Chart
Per recent;
$SPY using 100 MA on Daily as Support for Now. MACD looks to be turning down here. SP500
$SPY using 100 MA on Daily as Support for Now. MACD looks to be turning down here. SP500
Per recent;
$SPY Daily Chart, ending week bullish with a break above upper TL and 20 MA near breach 50 MA. $ES_F $SPXL $SPXS
$SPY Daily Chart, ending week bullish with a break above upper TL and 20 MA near breach 50 MA. $ES_F $SPXL $SPXS
Recent Real-Time Alerts, Trading, Model Price Target hits etc.
June 4 – I will update alert and price target examples soon.
May 29 – I will update alert and price target examples soon.
May 21 – I will update alert and price target examples soon.
May 13 – I will update alert and price target examples soon.
Per recent;
9:56 AM – 19 Apr 2018 $SPY Divergent trade returning to target area it tried to pass in the fast lane. See previous recent posts.
$SPY Divergent trade returning to target area it tried to pass in the fast lane. See previous recent posts. pic.twitter.com/3vo4sgNXKH
— Curtis Melonopoly (@curtmelonopoly) April 19, 2018
$SPY Divergent trade returning to target area it tried to pass in the fast lane. See previous posts..png
5:18 AM – 18 Apr 2018 That 273.20 mark that comes due in a time cycle peak for $SPY at around 2:00 EST today…. that’s the start of a double extension getting really stretched on the models – corresponds with everything that moved. There ain’t much room available above that short term. Rest on deck.
That 273.20 mark that comes due in a time cycle peak for $SPY at around 2:00 EST today…. that's the start of a double extension getting really stretched on the models – corresponds with everything that moved. There ain't much room available above that short term. Rest on deck. pic.twitter.com/wKfBQ9njDc
— Curtis Melonopoly (@curtmelonopoly) April 18, 2018
4:48 AM – 18 Apr 2018 $SPY long side trade cleared mid quad and quad wall. Closed 270.19, next res trims 270.22, 270.45, 271.99, 273.25
$SPY long side trade cleared mid quad and quad wall. Closed 270.19, next res trims 270.22, 270.45, 271.99, 273.25
3:37 PM – 13 Apr 2018 The resistance dump after the alert and the 50 MA support may become your buy area Mon morning. $SPY #swingtrading https://www.tradingview.com/chart/SPY/H375XWXb-The-resistance-dump-after-the-alert-and-the-50-MA-support-may-be/ …
The resistance dump after the alert and the 50 MA support may become your buy area Mon morning. $SPY #swingtrading.png
11:05 AM – 13 Apr 2018 $SPY trim quad resistance alert worked well.
$SPY trim quad resistance alert worked well.
9:31 AM – 13 Apr 2018 $SPY upside resistance trim alert to long side as it approaches 268.00 mid quad res
$SPY upside resistance trim alert to long side as it approaches 268.00 mid quad res
$SPY at upside resistance pivot and structured trade worked out. Trim longs add above.
$SPY at upside resistance pivot and structured trade worked out. Trim longs add above.
$SPY building structure near the buy trigger and channel bottom we expected. It’s long while it holds area. Trading 261.23 intra day.
$SPY building structure near the buy trigger and channel bottom we expected. It’s long while it holds area.
$SPY Time cycle peak on this simple model is now. If its going to follow channel up it will be soon that it starts. If not, it could be another channel down yet.
$SPY Time cycle peak on this simple model is now. If its going to follow channel up it will be soon that it starts.
Best with your trades and look forward to seeing you in the room!
Freedom the $SPY Algo
Article Topics: SP500, Algorithm, SPY, $SPY, Freedom, Chart, Model, $ES_F, $SPXL, $SPXS
