Hello Swing Traders! Welcome to Compound Trading Swing Trading Keep It Simple K.I.S.S. Charting Review (Public Edition) for the Week of April 16, 2017!

This edition focuses on MACD, Stochastic RSI, Moving Averages, SQZMOM and a few others. 

Email us at [email protected] anytime with any questions about any of the swing trades listed below. Or, if we get bogged down private message Curtis in trade room or direct message him on Twitter. Market hours are tough but we endeavor to get back to everyone after market each day.

Notices:

Members please refer to the member publications for more detail and feel welcome to DM our lead trader on Twitter or email him with questions.

We published a new post yesterday that deals with a number of the tools needed to successfully swing trade the type of charts below:

Trading Checklist (Rules) I Follow Before Triggering. Part 2 of “Freedom Traders” Series.

Introduction:

My perspective of the markets can be summarized as go long when you can until it breaks (and I do believe there is a break on the horizon but it doesn’t do you any good to wait around for corrections). The “it can gap down” philosophy has not been on the winning side historically. So we swing trade with managed risk with stops and proper discipline.

Understanding what the simple indicators are for entry and exit in your trading position in a swing trade is critical – proper entries and exits can not only increase your win rate but also significantly impact your personal investment portfolio return on investment, thus a critical discipline to at least become moderately familiar. The buy and hold concept has served investors moderately well for some time, but even so, they could have do so much better with very little time invested toward the discipline of simple charting indicators.

Click here also to review our most recent Swing Trading Quarterly Performance Report.

Thanking you in advance.

This Week’s Simple Charts include MACD, Moving Averages (MA), Stochastic RSI and a custom Squeeze Momentum Indicator (SQZMOM) for the US Dollar, USDJPY, Volatility, Gold, Gold Miners, Silver, Crude Oil and the S&P 500. Below are daily charts.

$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

The 20 MA crossing down 50 MA with price under is not good, however, the PPT can be an equalizer.

$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

$USOIL $WTIC Daily MACD trend up, Stoch RSI turn down, SQMOM green, Above MAs. Previous highs an issue so far. MA’s mixed. $CL_F $USO $SCO $UWT $DWT

Indecision in price action #supply. Previous highs an issue so far. MA’s are mixed representing indecision. Needs a rumor.

$USOIL, $WTI, Chart

Simple Charts $USOIL $WTIC Daily MACD trend up, Stoch RSI turn down, SQMOM green, Above MAs. Previous highs an issue so far. MA’s mixed. $CL_F $USO $SCO $UWT $DWT

$USOIL $WTIC Aug 24 2016 MAs and indicators similar to now however. History ryhme? $CL_F $USO $SCO $UWT $DWT $UWTIF $DWTIF

Oil, Chart, $WTIC

Simple Charts $USOIL $WTIC Aug 24 2016 MAs and indicators similar to know however. $CL_F $USO $SCO $UWT $DWT $UWTIF $DWTIF

#GOLD Daily MACD trend up, Stoch RSI max, SQZMOM green, above 200 MA $GLD $XAUUSD $GC_F

The primary issue short term is that Stochastic RSI maxed. What’s after the top? Down of course. Short time-frame warning signal. #Gold

Gold, Chart

Simple Charts #GOLD Daily MACD trend up, Stoch RSI max, SQZMOM green, above 200 MA $GLD $XAUUSD $GC_F #swingtrading

#SILVER Daily MACD mod up, Stoch RSI near top, SQZMOM green turning down, above 200 MA. $SLV $USLV $DSLV

The Stoch RSI near top isn’t great but the 50 MA may cross to upside the 200 MA. If price is above when that happens could see pop.

Silver, Chart, $SLV

Simple Charts #SILVER Daily MACD mod up, Stoch RSI near top, SQZMOM green turning down, above 200 MA. $SLV $USLV $DSLV #swingtrading

#SILVER Daily Here’s what happened last time 50 MA crossed up 200 MA. $SLV $USLV $DSLV

Silver, Charting

Simple Charts #SILVER Daily Here’s what happened last time 50 MA crossed up 200 MA. $SLV $USLV $DSLV #swingtrading

$DXY Daily Indecision MACD pinch uptrend, Stoch RSI trend down, SQZMOM green, above 200 MA. $UUP $USD

MA’s mixed, could try a long at 200 MA test with Stoch RSI cross up confirming and price action power. Very mixed.

$DXY, USD, Chart

Simple Charts $DXY Daily Indecision MACD pinch uptrend, Stoch RSI trend down, SQZMOM green, above 200 MA. $UUP $USD #SwingTrading

$GDX Miners Daily Here’s the test! MACD up, Stoch RSI max, SQZMOM green, test 200 MA $GDXJ $NUGT $DUST $JNUG $JDST

Short term challenge is Stoch RSI maxed, not bad but not great. Advantage bulls goes to 20 MA about to cross up 50 MA with price above. $GDX

$GDX, Chart, Swing, TRading

Simple Charts $GDX Miners Daily Here’s the test. MACD up, Stoch RSI max, SQZMOM green, test 200 MA. $GDXJ $NUGT $DUST $JNUG $JDST

$GDX Miners Daily What happened last time 20MA crossed 50MA up. But further range then to 200 MA $GDXJ $NUGT $DUST $JNUG $JDST

$GDX, Charting, Swing, Trading

Simple Charts $GDX Miners Daily What happened last time 20MA crossed 50MA up. But fruther range then to 200 MA. $GDXJ $NUGT $DUST $JNUG $JDST

$GDX Miners Daily Jan 2016 when 20MA crossed 50MA price in uptrend with Stoch RSI trend down. $GDXJ $NUGT $DUST $JNUG $JDST

When price trends up and Stoch RSI trends down that’s when you HAMMER down! Especially on a daily. #RULE $GDX $GDXJ $NUGT $DUST $JNUG $JDST

This one indicator, if used in this way, more predictable than almost any. Stoch RSI trending down and price trending up on a daily. Oh my.

It’s hard to beat performance a trader can achieve that knows how these indicators function. There’s hundreds of idiosyncrasies #tradingedge

$GDX, Swing, Trading, Charting

Simple Charts $GDX Miners Daily Jan 2016 when 20MA crossed 50MA price in uptrend with Stoch RSI trend down. $GDXJ $NUGT $DUST $JNUG $JDST

$USDJPY Daily Here’s theTest! MACD down trend, Stoch RSI near bottom, SQZMOM red, test 200 MA. $DXY $USD

Test is when / if Stoch RSI curls up at bottom and whether 200 MA is held. That’s the first test.

$USDJPY, Chart

Simple Charts $USDJPY Daily Test MACD down trend, Stoch RSI near bottom, SQZMOM red, test 200 MA. $DXY $USD #SwingTrading

$VIX Daily Outside BB’s is a short it’s close with TL res on deck, MACD uptrend, Stoch RSI max, SQZMOM gr. $UVXY $TVIX $XIV

$VIX, Volatility, Chart

Simple Charts $VIX Daily Outside BB’s is a short it’s close with TL res on deck, MACD uptrend, Stoch RSI max, SQZMOM gr. $UVXY $TVIX $XIV #swingtrading

That’s my simple perspective for the week. Best to y’all this week. For a much more detailed review please refer to the member’s post.

Email or DM me on Twitter anytime with thoughts or questions!

Cheers!

Curtis

P.S.

The charts included in this review may assist you in the endeavor of trade entry / exit and if you wish to become more serious (more profitable) with your entries refer to our swing trading for more insight (includes many equities also in the weekly reports).

The charting algorithm model Twitter feeds can be found here:$WTI (@EPICtheAlgo), $VIX (@VexatiousVIX), $SPY (@FREEDOMtheAlgo), $GLD (@ROSIEtheAlgo), $SLV (@SuperNovaAlgo), $DXY (@DXYUSD_Index).

Article Topics; Compound Trading, Swing, Trading, Stocks, Picks, $SPY, $VIX, $USOIL $WTI, $GLD, $GDX, $SLV, $DXY, $USDJPY, MACD, Charting, ROI, USD, Dollar, Volatility, Gold, Miner’s, Silver, Crude, Oil, S&P 500, Stochastic, RSI, Moving Averages, MA, Commodities, Currencies

 

 


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


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. 

Friday April 7, 2017 Stock Trading Results 

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

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.

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:

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


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


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


Hello swing traders! Welcome to Compound Trading Swing Trading Keep It Simple K.I.S.S. Charting Review (Public Edition) for the week of April 2, 2017! This edition focuses on MACD, Stochastic RSI, Moving Averages, SQZMOM and a few others. 

Email us at [email protected] anytime with any questions about any of the swing trades listed below. Or, if we get bogged down private message Curtis in trade room or direct message him on Twitter. Market hours are tough but we endeavor to get back to everyone after market each day.

Notices:

Members please refer to the member publications for more detail – THIS WEEK has a lot of indecision so we will detail set-ups for you on tighter time-frames and show you specifically what triggers long and short.

Introduction:

My perspective of the markets can be summarized as go long when you can until it breaks (and I do believe there is a break on the horizon but it doesn’t do you any good to wait around for corrections). The “it can gap down” philosophy has not been on the winning side historically. So we swing trade with managed risk with stops and proper discipline.

Understanding what the simple indicators are for the entry and exit in your trading position in a swing trade is critical – proper entries and exits can not only increase your win rate but also significantly impact your personal investment portfolio return on investment, thus a critical discipline to at least become moderately familiar. The buy and hold concept has served investors moderately well for some time, but even so, they could have do so much better with very little time invested.

Click here also to review our most recent Swing Trading Quarterly Performance Report.

Thanking you in advance.

This Week’s Simple Charts include MACD, Moving Averages (MA), Stochastic RSI and a custom Squeeze Momentum Indicator (SQZMOM) for the US Dollar, USDJPY, Volatility, Gold, Gold Miners, Silver, Crude Oil and the S&P 500. Below are daily charts and some charts include the hourly or even 5 minute charting perspective.

The secret to Swing Trading successfully is understanding and executing Price Trigger Power Trade Risk Reward PTPTRR

A quick word about this discipline before you review the charts below. If you understand the disciplines involved in swing trading, more specifically PTPTRR then good for you! If you do not, I encourage you to learn the discipline before swing trading. You can of course search online the specifics of the discipline or ask us to assist. Either way, a few hours of focused / directed study will go a long way to ensuring that risk reward is always on your side.

The charts below can be used to achieve a very hassle free return on investment as long as you understand the above principles to trading. This will bring your trading in to a predictable process driven realm. Trust us, it lowers stress and provides investing enjoyment instead of it being a negative learning experience.

In short “Price” is simply the price action and target buy or exit of each trade. The “Trigger” is when the indicators have lined up and price has moved in the direction of and confirmed an entry. “Power” is buying or selling action. And a defined “Risk Reward” is knowing in advance what your plan is and it is a scientific process, not random.

I (the lead trader at Compound Trading) published a blog post today that hopefully will encourage you to learn the disciplines required – you can find it here When You Learn It – You Are Free (Part 1 of Freedom Traders). My Stock Trading Story.

It wants to go. Simple Charts $USOIL $WTIC Daily MACD cross up, Stoch RSI way up, SQMOM may turn green, Above 200 MA. $CL_F $USO $SCO $UWT $DWT

$USOIL, $WTI, Swing, Chart

It wants to go. Simple Charts $USOIL $WTIC Daily MACD cross up, Stoch RSI way up, SQMOM may turn green, Above 200 MA. $CL_F $USO $SCO $UWT $DWT

Indecision. Simple Charts $USOIL $WTIC Hourly MACD mid, Stoch RSI near bottom, SQZMOM green, Above MAs. $CL_F $USO $SCO $UWT $DWT #daytrading

$USOIL, $WTI, Hourly, Chart

Indecision. Simple Charts $USOIL $WTIC Hourly MACD mid, Stoch RSI near bottom, SQZMOM green, Above MAs. $CL_F $USO $SCO $UWT $DWT #daytrading

Indecision. Simple Charts $USOIL $WTIC 5 Min MACD mid, Stoch RSI near bottom, SQZMOM red, mixed MAs. $CL_F $USO $SCO $UWT $DWT #daytrading

5 Min, $USOIL, $WTI, Chart

Indecision. Simple Charts $USOIL $WTIC 5 Min MACD mid, Stoch RSI near bottom, SQZMOM red, mixed MAs. $CL_F $USO $SCO $UWT $DWT #daytrading

Indecision. Simple Charts #GOLD Daily MACD mid pinch, Stoch RSI down, SQZMOM green, under 200 MA $GLD $XAUUSD $GC_F #swingtrading

Gold, Daily, Chart, Swing, Trading

Indecision. Simple Charts #GOLD Daily MACD mid pinch, Stoch RSI down, SQZMOM green, under 200 MA $GLD $XAUUSD $GC_F #swingtrading

Indecision. Simple Charts #GOLD Hourly MACD mid pinch, Stoch RSI downtrend, SQZMOM green, under 200 MA $GLD $XAUUSD $GC_F #daytrading

Gold, Hourly, Chart

Indecision. Simple Charts #GOLD Hourly MACD mid pinch, Stoch RSI downtrend, SQZMOM green, under 200 MA $GLD $XAUUSD $GC_F #daytrading

Simple Charts #SILVER Hourly MACD mid pinch, Stoch RSI near bottom, SQZMOM green turning down, above MAs. $SLV $USLV $DSLV

Hourly, Silver, Chart

Simple Charts #SILVER Hourly MACD mid pinch, Stoch RSI near bottom, SQZMOM green turning down, above MAs. $SLV $USLV $DSLV

Simple Charts $VIX Hourly has a heartbeat MACD turned up, Stoch RSI threatening, SQZMOM green, mixed MA. $UVXY $TVIX $XIV #daytrading

$VIX

Simple Charts $VIX Hourly has a heartbeat MACD turned up, Stoch RSI threatening, SQZMOM green, mixed MA. $UVXY $TVIX $XIV #daytrading

Life Simple Charts $VIX Daily Flat MACD mid range flat, Stoch RSI down, SQZMOM flat, 200 MA peekaboo. $UVXY $TVIX $XIV #swingtrading

$VIX, Chart

Life Simple Charts $VIX Daily Flat MACD mid range flat, Stoch RSI down, SQZMOM flat, 200 MA peekaboo. $UVXY $TVIX $XIV #swingtrading

Indecision. Simple Charts $USDJPY Daily MACD down pinch, Stoch RSI uptrend, SQZMOM red, above 200 MA. $DXY $USD #SwingTrading

USDJPY, Chart

Indecision. Simple Charts $USDJPY Daily MACD down pinch, Stoch RSI uptrend, SQZMOM red, above 200 MA. $DXY $USD #SwingTrading

Indecision. Simple Charts $DXY Daily MACD near bottom, Stoch RSI up top, SQZMOM red, above 200 MA. $UUP $USD #SwingTrading

$DXY, Chart

Indecision. Simple Charts $DXY Daily MACD near bottom, Stoch RSI up top, SQZMOM red, above 200 MA. $UUP $USD #SwingTrading

Simple Charts #SILVER Daily MACD mid pinch, Stoch RSI near top turn down, SQZMOM green turn up, above 200 MA. $SLV $USLV $DSLV #swingtrading

Silver, Swing, Trading, Daily, Chart

Simple Charts #SILVER Daily MACD mid pinch, Stoch RSI near top turn down, SQZMOM green turn up, above 200 MA. $SLV $USLV $DSLV #swingtrading

Indecision. Simple Charts $GDX Miners Hourly MACD flatish up, Stoch RSI turn down, SQZMOM flat gr, over 200 MA. #SwingTrading $GDXJ $NUGT $DUST $JNUG $JDST

$GDX, Chart

Indecision. Simple Charts $GDX Miners Hourly MACD flatish up, Stoch RSI turn down, SQZMOM flat gr, over 200 MA. #SwingTrading $GDXJ $NUGT $DUST $JNUG $JDST

Not good. Simple Charts $GDX Miners Daily MACD pinch, Stoch RSI down, SQZMOM green, under 200 MA. $GDXJ $NUGT $DUST $JNUG $JDST

$GDX, Chart

Not good. Simple Charts $GDX Miners Hourly MACD pinch, Stoch RSI down, SQZMOM green, under 200 MA. $GDXJ $NUGT $DUST $JNUG $JDST

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

$SPY, Daily, Chart

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

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

$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

That’s my simple perspective for the week. Best to y’all this week. For a much more detailed review please refer to the member’s post.

Email or DM me on Twitter anytime with thoughts or questions!

Cheers!

Curtis

P.S.

The charts included in this review may assist you in the endeavor of trade entry / exit and if you wish to become more serious (more profitable) with your entries refer to our swing trading for more insight (includes many equities also in the weekly reports).

The charting algorithm model Twitter feeds can be found here:$WTI (@EPICtheAlgo), $VIX (@VexatiousVIX), $SPY (@FREEDOMtheAlgo), $GLD (@ROSIEtheAlgo), $SLV (@SuperNovaAlgo), $DXY (@DXYUSD_Index).

Article Topics; Compound Trading, Swing, Trading, Stocks, Picks, $SPY, $VIX, $USOIL $WTI, $GLD, $GDX, $SLV, $DXY, $USDJPY, MACD, Charting, ROI, USD, Dollar, Volatility, Gold, Miner’s, Silver, Crude, Oil, S&P 500, Stochastic, RSI, Moving Averages, MA, Commodities, Currencies


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


Hello swing traders and welcome to the Compound Trading Swing Trading Keep It Simple K.I.S.S. Charting Review (Public Edition) for the week of March 26, 2017! This edition focuses on MACD, Stochastic RSI, Moving Averages, SQZMOM and a few others. 

Email us at [email protected] anytime with any questions about any of the swing trades listed below. Or, if we get bogged down private message Curtis in trade room or direct message him on Twitter. Market hours are tough but we endeavor to get back to everyone after market each day.

Notices:

Members please refer to the member publications for more detail.

Introduction:

My perspective of the markets can be summarized as go long when you can until it breaks (and I do believe there is a break on the horizon but it doesn’t do you any good to wait around for corrections).

Understanding what the simple indicators are for the entry and exit in your trading position in a swing trade is critical – proper entries and exits can not only increase your win rate but also significantly impact your personal investment portfolio return on investment, thus a critical discipline to at least become moderately familiar. The buy and hold concept has served investors moderately well for some time, but even so, they could have do so much better with very little time invested.

Click here also to review our most recent Swing Trading Quarterly Performance Report.

Thanking you in advance.

This Week’s Simple Charts include MACD, Moving Averages (MA), Stochastic RSI and a custom Squeeze Momentum Indicator (SQZMOM) for the US Dollar, USDJPY, Volatility, Gold, Miners, Silver, Crude Oil and the S&P 500. Below are daily charts and some charts include the hourly charting perspective.

The secret to Swing Trading successfully is understanding and executing Price Trigger Power Trade Risk Reward PTPTRR

A quick word about this discipline before you review the charts below. If you understand the disciplines involved in swing trading, more specifically PTPTRR then good for you! If you do not, I admonish you to learn the discipline before swing trading. You can of course search online the specifics of the discipline or ask us to assist. Either way, a few hours of focused / directed study will go a long way to ensuring that risk reward is always on your side.

The charts below can be used to achieve a very hassle free return on investment as long as you understand the above principles to trading. This will bring your trading in to a predictable process driven realm. Trust us, it lowers stress and provides investing enjoyment instead of it being a negative learning experience.

In short “Price” is simply the price action and target buy or exit of each trade. The “Trigger” is when the indicators have lined up and price has moved in the direction of and confirmed an entry. “Power” is buying or selling action. And a defined “Risk Reward” is knowing in advance what your plan is and it is a scientific process, not random.

Simple Charting $SPY 60 Min MACD pinch, Stochastic RSI near bottom, SQZMOM flat, Under MA’s, note vol bar EOD Fri. $SPXL $SPXS 

$SPY, Stock, Chart

Simple Charting $SPY 60 Min MACD pinch, Stochastic RSI near bottom, SQZMOM flat, Under MA’s, note vol bar EOD Fri. $SPXL $SPXS #DayTrading

Simple Charting $SPY Daily MACD turned down, Stochastic RSI at bottom, note SQZMOM is red, on 50 MA. $SPXL $SPXS 

$SPY, Swing, Trading, Chart

Simple Charting $SPY Daily MACD turned down, Stochastic RSI at bottom, note SQZMOM is red, on 50 MA. $SPXL $SPXS #SwingTrading

Simple Charts $VIX 60 Nothing Impressive MACD mid range, Stoch RSI topside turning down, SQZMOM green, over 20 50 100 200 MA. $UVXY $TVIX $XIV

$VIX, Chart

Simple Charts $VIX 60 Nothing Impressive MACD mid range, Stoch RSI topside turning down, SQZMOM green, over 20 50 100 200 MA. $UVXY $TVIX $XIV #daytrading

Simple Charts $VIX Daily Flat MACD mid range flat, Stoch RSI top turned down, SQZMOM flat, 200 MA peekaboo. $UVXY $TVIX $XIV 

$VIX, Swingtrading, Chart

Simple Charts $VIX Daily Flat MACD mid range flat, Stoch RSI top turned down, SQZMOM flat, 200 MA peekaboo. $UVXY $TVIX $XIV #swingtrading

Simple Charts $USOIL $WTIC Daily MACD pinch, Stoch RSI turned up, SQMOM red, under 200 MA. $CL_F $USO $SCO $UWT $DWT #daytrading

Watch for that 20 MA – it’s swooping in and when price gets above it you can have sparks.

$USOIL, $WTI, Chart

Simple Charts $USOIL $WTIC Daily MACD pinch, Stoch RSI turned up, SQMOM red, under 200 MA. $CL_F $USO $SCO $UWT $DWT #daytrading

Simple Charts $USOIL $WTIC 60 Min Indecision MACD flat mid, Stoch RSI top turn down, SQMOM flat green, 50 MA test. $CL_F $USO $SCO $UWT $DWT

Indecision… watch out for the #OPEC traveling magic show.

$WTI, Chart

Simple Charts $USOIL $WTIC 60 Min Indecision MACD flat mid, Stoch RSI top turn down, SQMOM flat green, 50 MA test. $CL_F $USO $SCO $UWT $DWT #Daytrading

Simple Charts #GOLD Daily MACD turned up, Stoch RSI up pinch, SQZMOM green, 200 MA test overhead $GLD $XAUUSD $GC_F #swingtrading

Gold, Chart, $GLD, Swing, Trading

Simple Charts #GOLD Daily MACD turned up, Stoch RSI up pinch, SQZMOM green, 200 MA test overhead $GLD $XAUUSD $GC_F #swingtrading

Simple Charts #GOLD 60 Min MACD pinch, Stoch RSI down w curl, SQZMOM green, above MA’s $GLD $XAUUSD $GC_F 

Gold, Chart

Simple Charts #GOLD 60 Min MACD pinch, Stoch RSI down w curl, SQZMOM green, above MA’s $GLD $XAUUSD $GC_F #DayTrading

Simple Charts #GOLD 5 Min Almost as if no bull wants to go first. $GLD $XAUUSD $GC_F

Bulls have a lot of work to do. Advantage bulls, but they gotta be bulls.

Gold, Chart

Simple Charts #GOLD 5 Min Almost as if no bull wants to go first. $GLD $XAUUSD $GC_F #DayTrading

Simple Charts #SILVER Daily 200 MA On Deck MACD mide turn up, Stoch RSI up toppy, SQZMOM still red. #SwingTrading $SLV $USLV $DSLV

It’s a simple trade. SQZMOM is key as price nears the 200 MA – as is Stoch RSI.

Silver, Chart, $SLV

Simple Charts #SILVER Daily 200 MA On Deck MACD mide turn up, Stoch RSI up toppy, SQZMOM still red. #SwingTrading $SLV $USLV $DSLV

Simple Charts #SILVER 60 Min At resistance. MACD moderate up, Stoch RSI peaking, SQZMOM green, above MA’s. $SLV $USLV $DSLV

It blows through overhead resistance and it could be a great trade.

Silver, $SLV, Trading, Chart

Simple Charts #SILVER 60 Min At resistance. MACD moderate up, Stoch RSI peaking, SQZMOM green, above MA’s. #DayTrading $SLV $USLV $DSLV

Simple Charts $GDX Miners 60 Min Indecision but bull favored. MACD pinch, Stoch RSI up pinch, SQZMOM red, 200 100 MA cross possible $GDXJ $NUGT $DUST $JNUG $JDST

Miners 60 Min Indecision but bull favored. Watch that 200 MA potential cross on 100 MA. Could send rockets up.

$GDX, Chart, Trading

Simple Charts $GDX Miners 60 Min Indecision but bull favored. MACD pinch, Stoch RSI up pinch, SQZMOM red, 200 100 MA cross possible #DayTrading $GDXJ $NUGT $DUST $JNUG $JDST

Simple Charts $GDX Miners Daily MACD flat up, Stoch RSI up turn down, SQZMOM flat, 50 MA overhead. $GDXJ $NUGT $DUST $JNUG $JDST

A lot of indecision on the daily miners chart.

$GDX, Miners, Swing, Trading

Simple Charts $GDX Miners Daily MACD flat up, Stoch RSI up turn down, SQZMOM flat, 50 MA overhead. #SwingTrading $GDXJ $NUGT $DUST $JNUG $JDST

Simple Charts $DXY Daily MACD down near bottom, Stoch RSI bottom, SQZMOM near bottom, 200 MA below. $UUP $USD

$DXY, Chart

Simple Charts $DXY Daily MACD down near bottom, Stoch RSI bottom, SQZMOM near bottom, 200 MA below. $UUP $USD #SwingTrading

Remember the election? Where did $DXY flash crash perfectly to? And those indicators say caution bears. $UUP $USD

Simple Charts $USDJPY Daily MACD turn down, Stoch RSI bottom, SQZMOM red, 200 MA below. $DXY $USD

$USDJPY, Chart

Simple Charts $USDJPY Daily MACD turn down, Stoch RSI bottom, SQZMOM red, 200 MA below. $DXY $USD #SwingTrading

That’s my simple perspective for the week. Best to y’all this week. For a much more detailed review please refer to the member’s post.

Email or DM me on Twitter anytime with thoughts or questions!

Cheers!

Curtis

P.S.

The charts included in this review may assist you in the endeavor of trade entry / exit and if you wish to become more serious (more profitable) with your entries refer to our swing trading for more insight (includes many equities also in the weekly reports).

The charting algorithm model Twitter feeds can be found here:$WTI (@EPICtheAlgo), $VIX (@VexatiousVIX), $SPY (@FREEDOMtheAlgo), $GLD (@ROSIEtheAlgo), $SLV (@SuperNovaAlgo), $DXY (@DXYUSD_Index).

Article Topics; Compound Trading, Swing, Trading, Stocks, Picks, $SPY, $VIX, $USOIL $WTI, $GLD, $GDX, $SLV, $DXY, $USDJPY, MACD, Charting, ROI, USD, Dollar, Volatility, Gold, Miner’s, Silver, Crude, Oil, S&P 500, Stochastic, RSI, Moving Averages, MA, Commodities, Currencies


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

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