Tag: $SPXS

Freedom S&P 500 $SPY Algorithm Charting Trade Mon Apr 24 $ES_F $SPXL, $SPXS

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

S&P 500 $SPY Trade Update Monday April 24, 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.

$SPY is still trading within the range of its previous highs (which we alerted prior) and its low extension predicted.

However, it is very important to note that our traders are very biased to the upside and the recent resistance area we alerted members long before resistance occurred (at previous highs) could very well be tested or even breached.

Live $SPY Chart representing current extensions:

https://www.tradingview.com/chart/SPY/1upvarDe-S-P-500-SPY-Symmetry-price-target-extensions-trade-quadrants/

https://www.tradingview.com/chart/2e2dd5d8/

S&P 500 $SPY Symmetry price target extensions, trade quadrants, Fibonacci. Trade Charting Mon April 24 257 AM $ES_F $SPXL, $SPXS

$SPY, Chart, Freedom Algo
S&P 500 $SPY Symmetry price target extensions, trade quadrants, Fibonacci. Trade Charting Mon April 24 257 AM $ES_F $SPXL, $SPXS

Notes with respect to $SPY Price Extensions and Targets

Recent Trade – $SPY price action has been hitting our upside price extension targets for months now. The chart above includes the price extension targets for upward and downward trade.

Trading just the price targets we have provided on the upside and downside has proven a very profitable signal.

Also of importance, in addition to trading the price extensions, our traders have found the Fib resistance and support on the chart and the algorithmic quadrants excellent signals intra-day for support and resistance.

Fibonacci – The Fibonacci levels have been predictable so we are leaving them as they are.

Trading Quadrants – The trading quadrants have become predictable – we are leaving them as they are.

Symmetry Extension Targets – The extension price targets we have published the last number of months now have hit the price targets to upside and downside near perfect so they are becoming very predictable! Trade the outside ranges for optimum return and predictability.

Most probable downside price target if trade is in a downtrend is in 229.24 area before a decision.

Most probable upside price target if trade is in an uptrend is in 237.24 – 237.50 area before a decision.

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

Trading Bias – Although the warning below is still in place, our traders do have considerable high expectations that previous highs will be tested and / or taken out soon. Unless of course a geo political situation arises to derail the market.

Warning per recent reports;

This is a considerable warning because price has not traded above previous high since we alerted members to this divergence in the algorithm: Current bias is to the upside target, however, there is a divergence in the upward trade extension makes the target a double topped target, which is divergent from recent trade, which does cause us to pause.

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

Read More

Freedom S&P 500 $SPY Algorithm Charting Trade Mon Apr 17 $ES_F $SPXL, $SPXS

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

S&P 500 $SPY Trade Update Monday April 17, 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.

$SPY is still trading within the range of its previous highs (which we alerted prior) and its low extension predicted.

Live $SPY Chart representing current extensions:

https://www.tradingview.com/chart/SPY/BOFWh4kY-S-P-500-SPY-Symmetry-price-target-extensions-trade-quadrants/

https://www.tradingview.com/chart/u1VTCkL0/

S&P 500 $SPY Symmetry price target extensions, trade quadrants, Fibonacci. Trade Charting Mon April 17 708 AM $ES_F $SPXL, $SPXS

$SPY, Chart
S&P 500 $SPY Symmetry price target extensions, trade quadrants, Fibonacci. Trade Charting Mon April 17 708 AM $ES_F $SPXL, $SPXS

Conventional $SPY Charting for Intra-Day Trade:

Simple Charting $SPY Daily MACD turn down, Stoch RSI turn down SQZMOM red, price under 50 MA with 20 MA cross down 50 MA possible. $SPXL $SPXS #SwingTrading

$SPY, Chart
Simple Charting $SPY Daily MACD turn down, Stoch RSI turn down SQZMOM red, price under 50 MA with 20 MA cross down 50 MA possible. $SPXL $SPXS #SwingTrading

Per previous report:

$SPY lost 50 MA but still has bottom of channel. If it holds channel and SQZMOM turns green and MACD crosses up and Stoch RSI crosses up it’s long.

If it doesn’t hold channel it’s a short until the indicators listed above cross up.

Live chart link: https://www.tradingview.com/chart/SPY/SUOvJMYt-SPY-lost-50-MA-but-still-has-bottom-of-channel-If-it-holds-cha/

$SPY, Chart
$SPY lost 50 MA but still has bottom of channel. If it holds channel and SQZMOM turns green and MACD crosses up and Stoch RSI crosses up it’s long.

Notes with respect to $SPY Price Extensions and Targets

Recent Trade – $SPY price action has been hitting our upside price extension targets for a number of weeks now. The chart above includes the price extension targets for upward and downward trade.

Recent trade has $SPY confirmed the lower extension price target given in the last report also! Trading just the price targets we have provided on the upside and downside has proven a very profitable signal.

Fibonacci – The Fibonacci levels have been predictable so we are leaving them as they are.

Trading Quadrants – The trading quadrants have been moderately predictable – we are leaving them as they are for now.

Symmetry Extension Targets – The extension price targets we have published the last number of months now have hit the price targets to upside and downside near perfect so they are becoming very predictable! Trade the outside ranges for optimum return and predictability.

Most probable downside price target if trade is in a downtrend is in 229.24 area before a decision.

Most probable upside price target if trade is in an uptrend is in 237.24 – 237.50 area before a decision.

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

Trading Bias – PER LAST REPORT – This is a considerable warning because price has not traded above previous high since we alerted members to this divergence in the algorithm: Current bias is to the upside target, however, there is a divergence in the upward trade extension makes the target a double topped target, which is divergent from recent trade, which does cause us to pause.

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

Read More

Freedom S&P 500 $SPY Algorithm Charting Trade Thurs Apr 13 $ES_F $SPXL, $SPXS

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

S&P 500 $SPY Trade Update Thursday April 13, 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.

Well, since the last report $SPY hasn’t done much of anything and all the indicators and targets we previously outlined are still in play. Also, not sure if everyone noticed, but we called the stall in action way before it stalled – our algorithm has been calling the target extensions to the upside and downside perfectly and the interim tops (stalls) for months now. So this is good.

Because nothing is new… we thought we’d leave the previous charting below and give you some actionable conventional charting until a decision in $SPY is established. So the first part of the report is conventional charting and the second part is simply cut and paste from previous.

Conventional $SPY Charting for Intra-Day Trade:

$SPY lost 50 MA but still has bottom of channel. If it holds channel and SQZMOM turns green and MACD crosses up and Stoch RSI crosses up it’s long.

If it doesn’t hold channel it’s a short until the indicators listed above cross up.

Live chart link: https://www.tradingview.com/chart/SPY/SUOvJMYt-SPY-lost-50-MA-but-still-has-bottom-of-channel-If-it-holds-cha/

$SPY, Chart
$SPY lost 50 MA but still has bottom of channel. If it holds channel and SQZMOM turns green and MACD crosses up and Stoch RSI crosses up it’s long.

Current Trade in $SPY S&P 500.

$SPY Live Price Extension Targets Chart: https://www.tradingview.com/chart/SPY/0kfzjTTf-S-P-500-SPY-Symmetry-price-target-extensions-trade-quadrants/

S&P 500 $SPY Symmetry price target extensions, trade quadrants, Fibonacci. Trade Charting Wed April 5 624 AM $ES_F $SPXL, $SPXS

$SPY, Chart
S&P 500 $SPY Symmetry price target extensions, trade quadrants, Fibonacci. Trade Charting Wed April 5 624 AM $ES_F $SPXL, $SPXS

Notes with respect to $SPY Price Extensions and Targets

Recent Trade – $SPY price action has been hitting our upside price extension targets for a number of weeks now. The chart above includes the price extension targets for upward and downward trade.

Recent trade has $SPY confirmed the lower extension price target given in the last report also! Trading just the price targets we have provided on the upside and downside has proven a very profitable signal.

Fibonacci – The Fibonacci levels have been predictable so we are leaving them as they are.

Trading Quadrants – The trading quadrants have been moderately predictable – we are leaving them as they are for now.

Symmetry Extension Targets – The extension price targets we have published the last number of months now have hit the price targets to upside and downside near perfect so they are becoming very predictable! Trade the outside ranges for optimum return and predictability.

Most probable downside price target if trade is in a downtrend is in 229.24 area before a decision.

Most probable upside price target if trade is in an uptrend is in 237.24 – 237.50 area before a decision.

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

Trading Bias – PER LAST REPORT – This is a considerable warning because price has not traded above previous high since we alerted members to this divergence in the algorithm: Current bias is to the upside target, however, there is a divergence in the upward trade extension makes the target a double topped target, which is divergent from recent trade, which does cause us to pause.

Trading on Tighter Time-frames

Use the charts below and the indicators to trade on tighter time frames. Included below is a link to our trading view charting and you can open it, click on share button and “make it mine”. Then use the Stoch RSI, MACD and SQZMOM indicators for your entries.

https://www.tradingview.com/chart/SPY/isDOr3N4-SPY/

Simple Charting $SPY Hourly MACD up turn down, Stoch RSI near bottom, SQZMOM flat, Mix MAs, note sold off EOD Fri. $SPXL $SPXS #DayTrading

On an hourly basis for intra day trading, let the MACD come down to bottom and turn up for a long trade.

$SPY, Hourly Chart
Simple Charting $SPY Hourly MACD up turn down, Stoch RSI near bottom, SQZMOM flat, Mix MAs, note sold off EOD Fri. $SPXL $SPXS #DayTrading

Simple Charting $SPY Daily MACD pinch down, Stoch RSI turn up SQZMOM red, under 20 MA. $SPXL $SPXS #SwingTrading

As with the hourly chart above, for wider swings allow the MACD to come down and turn up for a swing trade with $SPY.

$SPY, Daily, Chart
Simple Charting $SPY Daily MACD pinch down, Stoch RSI turn up SQZMOM red, under 20 MA. $SPXL $SPXS #SwingTrading

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

Read More

PreMarket Trading Plan Mon Apr 10 $CYTX, $GERN, $SPXS – $SPY, $DUST – $GLD, $GDX, $DWT – $USOIL, $WTIC

Curt MelonopolyTrading Plan, , , , , , , , , , , , , , , ,

Compound Trading Chat Room Stock Trading Plan for Monday April 10, 2017; $CYTX, $GERN, $SPXS, $SPY, $DUST , $GLD, $GDX, $DWT, $USOIL, $WTIC — $ONTX, $DUST, $XOM, $NE, $ASM, $SSH, $LGCY, $TRCH, $ESEA, $MGTI – Gold $GLD, Gold Miners $GDX, Silver $SLV, Oil $USOIL $WTI, Natural Gas, US Dollar Index $USD/JPY $DXY, S&P 500 $SPY, Volatility $VIX… more.

Welcome to the morning Wall Street trading day session at Compound Trading!

Notes in red text below are new comments entered specifically today.

Notices:

Today’s Live Trading Room Link: https://compoundtrading.clickmeeting.com/livetrading 

Blog post: When You Learn It – You Are Free (Part 1 of Freedom Traders). My Stock Trading Story. 

https://twitter.com/CompoundTrading/status/848681468125745153

Friday April 7, 2017 Stock Trading Results 

https://twitter.com/CompoundTrading/status/851245241516654592

The Quarterly Daytrading Performance Review P/L with Charting is Published.

https://twitter.com/CompoundTrading/status/846494014635429888

The Quarterly Swing Trading Performance Review P/L with Charting is Published. The Algorithms Quarterly Performance Reports are being compiled as I write and will be posted soon.

https://twitter.com/CompoundTrading/status/841078264537993218

Most recent Keep it Simple Swing trade Charting Post on Sunday April 2, 2017 (MACD, MA, Stoch RSI, SQZMOM focus) – new one for April 10 week is not ready yet:

https://twitter.com/CompoundTrading/status/848756853169283073

Current Holds / Trading Plan:

Main watchlist in my trading plan today: $SPXS – $SPY (at resistance soon), $DUST – $GLD, $GDX (Gold at test resistance / support), $DWT – $USOIL, $WTIC (in upward channel) BUT is very near real significant resistance, OTC on watch $USRM, $LIGA, $MMEX 

Most holds are small to mid size holds in this order according to sizing – $DVN (larger holding), $ONTX, $DUST, $XOM, $NE, $ASM, $SSH, $LGCY, $TRCH, $ESEA, $MGTI.

Per recent;

$DUST I will close for a loss if Gold holds 1260 – sucks, but it was a relatively small position (to portfolio size) but I didn’t follow the golden rule… when a trade goes against your plan cut fast and I didn’t so I will likely pay the price. And I guess what has become the second golden rule… listen to the algos… they haven’t been wrong yet – so yes, I didn’t listen to my own invention ROSIE the Gold Algo (give Rosie a little plug there she deserves it lol). Embarrassing, especially because ROSIE nailed the bottom many weeks in advance of the bottom – all I had to do was listen and boom new house. Sad.

Market Outlook :

Per recent reports:

There are significant resistance clusters above recent highs in oil and the S&P so I will be very cautious to upside going forward until recent highs are taken out and confirmed. The daytrading side I am 95% cash now that I am out of $UWT so I am fine. I see significant upside challenges in Oil and SPY with most recent highs being taken out.

Morning Momentum Stocks / News and Social Bits From Around the Internet:

Premarket momentum stocks to watch: $CYTX, $GERN

$CYTX, Premarket, Trading, Plan
$CYTX http://finance.yahoo.com/news/cytori-receives-u-fda-approval-110000961.html?.tsrc=rss

Gap ups / momo on these plays: $TSLA $CYTX $CERN $SWFT $AKRX $WINT $AKS $X $TWLO $JDST $LABU $UWT $SPY $BBL $WFT $DUST $MRO $XCRA

News on these plays: $CYTX, $GERN

Chart Set-Ups: See our YouTube Feed and My Twitter Feed 

Previous Day Momentum Stocks to watch: 

If you are new to our trading service you should review recent blog posts, our YouTube Channel and at minimum our algorithm Twitter feeds because they do tell a story in terms of the market and how the inflections of the market determine our day to day trading. You will notice the algorithmic modelling has been undeniably accurate with many time-frames (intra-day, weeks and months out) so I myself have learned to respect their math (they have taken me from a 60% hit rate to 80% in my trading – all publicly posted live trades).

The algorithm Twitter feeds can be found here:$WTI (@EPICtheAlgo), $VIX (@VexatiousVIX), $SPY (@FREEDOMtheAlgo), $GLD (@ROSIEtheAlgo), $SLV (@SuperNovaAlgo), $DXY (@DXYUSD_Index). Our Swing Trading Twitter feed is found here: https://twitter.com/swingtrading_ct.  Our lead trader Twitter feed is here @curtmelonopoly, lead tech developer @hundalSHS, and associate trader @quadzilla_jr.

Momentum Stocks (Market Open and Intra-Day):

I do trade morning momo stocks, but I do avoid risk – so often I avoid the first 30 minutes (gap and go) and trade momentum stocks later in the day after the wash-out looking for a snap-back. Just prior to open and shortly after open I post momentum stocks to the trade chat room (and Twitter and Stocktwits if I have time).

Some of my Favorite Set-Ups:

(1) Momentum Stock Wash-Outs for Snap Back, (2) Bad News Wash-outs on Stocks with High Institutional Ownership, (3) Getting on the Right Side of a Trend Change and scaling in my position and (4) Our Algorithm Set-Ups.

The momentum stocks (from previous days and morning trade) I continue to watch through the day for indicators that allow a trade.

Morning Stock Watch-Lists for my Favorite Set-Ups:

(1) Pre-Market Gainers Watch-List: $CYTX 31%, $GERN 15%, $XCO $SWFT $AKRX $XCRA $FCEL $RUSS $CNAT $SDRL $BBL $UWT $SLW $MACK $BHP $BCEI $UCO $SPLS

 I will update before market open or refer to chat room notices.

(2) Pre-market Decliners Watch-List: $TXMD $NUGT $JNUG $GLD $CCCR $HTGM $SNOW $AEHR $RUSL $DGAZ  I will update before market open or refer to chat room notices.

(3) Other Watch-List: Per above

(4) Regular Algo Charting Watch-List: Gold $GC_F $GLD, Miners $GDX ($NUGT, $DUST, $JDST, $JNUG), Silver $SLV $SI_F ($USLV, $DSLV), Crude Oil FX: $USOIL $WTI ($UWTI, $DWTI, $USO, $UCO, $CL_F, $UWT, $DWT), Natural Gas $NG_F ($UGAZ, $DGAZ), S & P 500 $SPY $ES_F ($SPXL, $SPXS), US Dollar Index $DXY ($UUP), Volatility $VIX ($TVIX, $UVXY, $XIV)

(5) Upgrades:  as time allows I will update before market open or refer to chat room notices.

(6) Downgrades: as time allows I will update before market open or refer to chat room notices.

Stay tuned in Stock Chat Room for more pre-market stocks on watch.

Study:

For new readers, a review of our unlocked posts on our blog would help you get in to the story we are following with the securities listed in this newsletter.

Free scanners to find momentum stocks that you can easily review charts of for indicators that bring probability of your trade being successful up considerably. These are not useful for first 30 minute market open gap and go type plays (you need a good momentum scanner, level 2, and best to have hot-keys for the first 30 mins of gap and go trading)… but are very useful for intra day scalping and swing trading (start with trending stocks and then look at indicators intra for simple set-ups – study scan study scan study scan).

http://finviz.com/

https://finance.yahoo.com/screener/predefined/ec5bebb9-b7b2-4474-9e5c-3e258b61cbe6

http://www.highshortinterest.com/

http://www.gurufocus.com/short-stocks.php

http://www.3xetf.com/all/

http://www.etf.com/channels/gold-etfs

GL!

Curtis

Article Topics:  $CYTX, $GERN, $SPXS, $SPY, $DUST , $GLD, $GDX, $DWT, $USOIL, $WTIC – $DVN, $MGTI, $NE, $XOM, $ONTX, $DUST, $ASM, $SSH, $LGCY, $TRCH, $ESEA, – $UGAZ, $DGAZ, $NUGT, $DUST, $USLV, $DSLV, $UWT, $DWT, $JNUG, $JDST, Stockmarket, Pre-Market, Trading Plan, Wall Street, Stocks, Day-trading, Watchlist, Chatroom, $GLD, $GOLD, $SILVER, $USD/JPY, $USOIL, $WTI, $VIX, $SPY, $NATGASUSD

Read More

Freedom S&P 500 $SPY Algorithm Charting Trade Wed Apr 5 $ES_F $SPXL, $SPXS

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

S&P 500 $SPY Trade Update Wedneday April 5, 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.

$SPY Live Price Extension Targets Chart: https://www.tradingview.com/chart/SPY/0kfzjTTf-S-P-500-SPY-Symmetry-price-target-extensions-trade-quadrants/

S&P 500 $SPY Symmetry price target extensions, trade quadrants, Fibonacci. Trade Charting Wed April 5 624 AM $ES_F $SPXL, $SPXS

$SPY, Chart
S&P 500 $SPY Symmetry price target extensions, trade quadrants, Fibonacci. Trade Charting Wed April 5 624 AM $ES_F $SPXL, $SPXS

Notes with respect to $SPY Price Extensions and Targets

Recent Trade – $SPY price action has been hitting our upside price extension targets for a number of weeks now. The chart above includes the price extension targets for upward and downward trade.

Recent trade has $SPY confirmed the lower extension price target given in the last report also! Trading just the price targets we have provided on the upside and downside has proven a very profitable signal.

Fibonacci – The Fibonacci levels have been predictable so we are leaving them as they are.

Trading Quadrants – The trading quadrants have been moderately predictable – we are leaving them as they are for now.

Symmetry Extension Targets – The extension price targets we have published the last number of months now have hit the price targets to upside and downside near perfect so they are becoming very predictable! Trade the outside ranges for optimum return and predictability.

Most probable downside price target if trade is in a downtrend is in 229.24 area before a decision.

Most probable upside price target if trade is in an uptrend is in 237.24 – 237.50 area before a decision.

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

Trading Bias – PER LAST REPORT – This is a considerable warning because price has not traded above previous high since we alerted members to this divergence in the algorithm: Current bias is to the upside target, however, there is a divergence in the upward trade extension makes the target a double topped target, which is divergent from recent trade, which does cause us to pause.

Trading on Tighter Time-frames

Use the charts below and the indicators to trade on tighter time frames. Included below is a link to our trading view charting and you can open it, click on share button and “make it mine”. Then use the Stoch RSI, MACD and SQZMOM indicators for your entries.

https://www.tradingview.com/chart/SPY/isDOr3N4-SPY/

Simple Charting $SPY Hourly MACD up turn down, Stoch RSI near bottom, SQZMOM flat, Mix MAs, note sold off EOD Fri. $SPXL $SPXS #DayTrading

On an hourly basis for intra day trading, let the MACD come down to bottom and turn up for a long trade.

$SPY, Hourly Chart
Simple Charting $SPY Hourly MACD up turn down, Stoch RSI near bottom, SQZMOM flat, Mix MAs, note sold off EOD Fri. $SPXL $SPXS #DayTrading

Simple Charting $SPY Daily MACD pinch down, Stoch RSI turn up SQZMOM red, under 20 MA. $SPXL $SPXS #SwingTrading

As with the hourly chart above, for wider swings allow the MACD to come down and turn up for a swing trade with $SPY.

$SPY, Daily, Chart
Simple Charting $SPY Daily MACD pinch down, Stoch RSI turn up SQZMOM red, under 20 MA. $SPXL $SPXS #SwingTrading

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

Read More

Freedom S&P 500 $SPY Algorithm Charting Trade Mon Apr 3 $ES_F $SPXL, $SPXS

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

S&P 500 $SPY Trade Update Monday April 3, 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.

$SPY Live Price Extension Targets Chart: https://www.tradingview.com/chart/SPY/8OOpvg0t-S-P-500-SPY-Symmetry-price-target-extensions-trade-quadrants/

S&P 500 $SPY Symmetry price target extensions, trade quadrants, Fibonacci. Trade Charting Mon April 31

$SPY, Chart, Extensions
S&P 500 $SPY Symmetry price target extensions, trade quadrants, Fibonacci. Trade Charting Mon April 3, 2017

Notes with respect to $SPY Price Extensions and Targets

Recent Trade – $SPY price action has been hitting our upside price extension targets for a number of weeks now. The chart above includes the price extension targets for upward and downward trade.

Recent trade has $SPY confirmed the lower extension price target given in the last report also! Trading just the price targets we have provided on the upside and downside has proven a very profitable signal.

Fibonacci – The Fibonacci levels have been predictable so we are leaving them as they are.

Trading Quadrants – The trading quadrants have been moderately predictable – we are leaving them as they are for now.

Symmetry Extension Targets – The extension price targets we have published the last number of months now have hit the price targets to upside and downside near perfect so they are becoming very predictable! Trade the outside ranges for optimum return and predictability.

Most probable downside price target if trade is in a downtrend is in 229.24 area before a decision.

Most probable upside price target if trade is in an uptrend is in 237.24 – 237.50 area before a decision.

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

Trading Bias – PER LAST REPORT – This is a considerable warning because price has not traded above previous high since we alerted members to this divergence in the algorithm: Current bias is to the upside target, however, there is a divergence in the upward trade extension makes the target a double topped target, which is divergent from recent trade, which does cause us to pause.

Trading on Tighter Time-frames

Use the charts below and the indicators to trade on tighter time frames. Included below is a link to our trading view charting and you can open it, click on share button and “make it mine”. Then use the Stoch RSI, MACD and SQZMOM indicators for your entries.

https://www.tradingview.com/chart/SPY/isDOr3N4-SPY/

Simple Charting $SPY Hourly MACD up turn down, Stoch RSI near bottom, SQZMOM flat, Mix MAs, note sold off EOD Fri. $SPXL $SPXS #DayTrading

On an hourly basis for intra day trading, let the MACD come down to bottom and turn up for a long trade.

$SPY, Hourly Chart
Simple Charting $SPY Hourly MACD up turn down, Stoch RSI near bottom, SQZMOM flat, Mix MAs, note sold off EOD Fri. $SPXL $SPXS #DayTrading

Simple Charting $SPY Daily MACD pinch down, Stoch RSI turn up SQZMOM red, under 20 MA. $SPXL $SPXS #SwingTrading

As with the hourly chart above, for wider swings allow the MACD to come down and turn up for a swing trade with $SPY.

$SPY, Daily, Chart
Simple Charting $SPY Daily MACD pinch down, Stoch RSI turn up SQZMOM red, under 20 MA. $SPXL $SPXS #SwingTrading

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

Read More

Freedom S&P 500 $SPY Algorithm Charting Trade Thur Mar 30 $ES_F $SPXL, $SPXS

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

S&P 500 $SPY Trade Update Monday Mar 30, 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.

$SPY Live Price Extension Targets Chart:

https://www.tradingview.com/chart/SPY/Yi4uzscy-FREEDOM-SPY-Algorithm-Charting/

S&P 500 $SPY Symmetry price target extensions, trade quadrants, Fibonacci. Trade Charting Thurs Mar 30 701 AM $ES_F $SPXL, $SPXS

$SPY, Freedom, Algorithm, Chart
S&P 500 $SPY Symmetry price target extensions, trade quadrants, Fibonacci. Trade Charting Thurs Mar 30 701 AM $ES_F $SPXL, $SPXS

Notes with respect to $SPY Price Extensions and Targets

Recent Trade – $SPY price action has been hitting our upside price targets for a number of weeks now. The chart above includes the price extension targets for upward and downward trade.

Recent trade has $SPY confirmed the lower extension price target given in the last report also! Trading just the price targets we have provided on the upside and downside has proven a very profitable signal.

Fibonacci – The Fibonacci levels have been predictable so we are leaving them as they are.

Trading Quadrants – The trading quadrants have been moderately predictable – we are leaving them as they are for now but they will need some resetting soon.

Symmetry Extension Targets – The extension price targets we have published the last number of months now have hit the price targets to upside and downside near perfect so they are becoming very predictable!

Most probable downside price target if trade is in a downtrend is in 229.24 area before a decision.

Most probable upside price target if trade is in an uptrend is in 237.24 – 237.50 area before a decision.

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

Trading Bias – PER LAST REPORT – This is a considerable warning because price has not traded above previous high since we alerted members to this divergence in the algorithm: Current bias is to the upside target, however, there is a divergence in the upward trade extension makes the target a double topped target, which is divergent from recent trade, which does cause us to pause.

You can expect a full report this weekend. We know the reports lately have not been as frequent as we like but are expect to be going forward.

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

Read More

Freedom S&P 500 $SPY Algorithm Charting Trade Mon Mar 20 $ES_F $SPXL, $SPXS

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

S&P 500 $SPY Trade Update Monday Mar 20, 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.

$SPY Live Price Extension Targets Chart https://www.tradingview.com/chart/SPY/TuxRenLH-S-P-500-SPY-Symmetry-price-target-extensions-trade-quadrants/

S&P 500 $SPY Symmetry price target extensions, trade quadrants, Fibonacci. Trade Charting Mon Mar 20 648 AM $ES_F $SPXL, $SPXS

$SPY, Chart
S&P 500 $SPY Symmetry price target extensions, trade quadrants, Fibonacci. Trade Charting Mon Mar 20 648 AM $ES_F $SPXL, $SPXS

Notes with respect to $SPY Price Extensions and Targets

Recent Trade – $SPY price action has been hitting our upside price targets for a number of weeks now. The chart above includes the price extension targets for upward and downward trade.

Recent trade has $SPY in a sideways range.

Fibonacci – The Fibonacci levels have been predictable so we are leaving them as they are.

Trading Quadrants – The trading quadrants have been moderately predictable – we are leaving them as they are for now but they will need some resetting soon.

Symmetry Extension Targets – Most probable revised upside if trade is in uptrend is now 240.29 before a decision – which would make it a double top.

Most probable downside price target if trade is in a downtrend is between 233.12 and 232.75 before a decision.

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

Trading Bias – Current bias is to the upside target, however, there is a divergence in that the upward trade extension makes the target a double topped target, which is divergent from recent trade, which does cause us to pause.

Other Conventional Charting to Consider

Simple Charting $SPY MACD turned down (green buy, red sell), Stoch RSI Pinch, SQMOM turning down, under 20 MA. $SPXL $SPXS #SwingTrading

$SPY, Daily, Chart
Simple Charting $SPY MACD turned down (green buy, red sell), Stoch RSI Pinch, SQMOM turning down, under 20 MA. $SPXL $SPXS #SwingTrading

Simple Charting $SPY 60 Min MACD turned down (green buy, red sell), Stoch RSI Pinch, SQMOM turned down, on 200 MA. $SPXL $SPXS #DayTrading

$SPY, 60 Min, Chart
Simple Charting $SPY 60 Min MACD turned down (green buy, red sell), Stoch RSI Pinch, SQMOM turned down, on 200 MA. $SPXL $SPXS #DayTrading

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

Read More

Freedom S&P 500 $SPY Algorithm Charting Trade Thurs Mar 16 $ES_F $SPXL, $SPXS

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

S&P 500 $SPY Trade Update Thursday Mar 16, 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.

$SPY Live Price Extension Targets Chart https://www.tradingview.com/chart/SPY/srHSWhjS-S-P-500-SPY-Symmetry-price-target-extensions-trade-quadrants/

S&P 500 $SPY Symmetry price target extensions, trade quadrants, Fibonacci. Trade Charting Thur Mar 16 700 AM $ES_F $SPXL, $SPXS

$SPY, Chart
S&P 500 $SPY Symmetry price target extensions, trade quadrants, Fibonacci. Trade Charting Thur Mar 16 658 AM $ES_F $SPXL, $SPXS

Notes with respect to $SPY Price Extensions and Targets

Recent Trade – $SPY price action has been hitting our upside price targets for a number of weeks now. The chart above includes the price extension targets for upward and downward trade.

Recent trade has taken price very near the latest upside target – ratchet up stops.

Fibonacci – The Fibonacci levels have been predictable so we are leaving them as they are.

Trading Quadrants – The trading quadrants have been moderately predictable – we are leaving them as they are for now but they will need some resetting soon.

Symmetry Extension Targets – Most probable revised upside if trade is in uptrend is now 240.29 before a decision – which would make it a double top.

Most probable downside price target if trade is in a downtrend is between 233.12 and 232.75 before a decision.

Time / Price Cycles – There are currently no significant cycles in the charting. There is however a significant time / price cycle terminating in $VIX sometime between now and end of day March 10, 2017 (could extend in to Monday the 13th).

Trading Bias – Current bias is to the upside target, however, there is a divergence in that the upward trade extension makes the target a double topped target, which is divergent from recent trade, which does cause us to pause.

All other charting will be in a full update over the weekend.

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

Read More