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RISK DISCLOSURE: The risk of loss in trading commodity futures contracts can be substantial. You should, therfore, carefully consider whether such trading is suitable for you in light of your circumstance and financial resources. Any advice or information on this website is general advice only – It does not take into account your personal circumstances. Please do not trade or invest based solely on this information. This information is purely for educational use only. Past performance is not necessarily indicative of future results. Trading is not suitable for everyone.
Showing posts with label US500. Show all posts
Showing posts with label US500. Show all posts

Tuesday, April 23, 2019

SPX - pattern for trading Wednesday, April 24th

Hello,
no comments or recap about the pattern for today, we have got the extreme opposite of what was expected and posted in this blog. We did better forecasting during today's trading on the traders chat-room.
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Tomorrow's pattern is the one with an early low and a late low.
From the early low we rally up to a high at around 12 / 12:30 pm. From that high we shold decline into a lower closing price.







Today, we closed the gap on daily chart from October 3th... we should see some strong resistance at this level and make a turnaround ;o
Trade well!
;o

SPX - pattern for trading Wednesday, April 24th

Hello,
no comments or recap about the pattern for today, we have got the extreme opposite of what was expected and posted in this blog. We did better forecasting during today's trading on the traders chat-room.
--------------------------------------------------------------------------------------------------
Tomorrow's pattern is the one with an early low and a late low.
From the early low we rally up to a high at around 12 / 12:30 pm. From that high we shold decline into a lower closing price.







Today, we closed the gap on daily chart from October 3th... we should see some strong resistance at this level and make a turnaround ;o
Trade well!
;o

Thursday, April 11, 2019

S&P 500 cash trading pattern prediction for Friday, April 12th, 2019


Predicted pattern for today, Thursday the 11th of April was the following:

"The expected pattern is the one with an early high (not considerable gaps observed)followed with lower highs into closing bell... tend to be a negative day"

And here follows today's chart with the early high with lower lows a negative day for most of the trading day but we managed to close UNCH.

S&P 500 cash  trading pattern prediction for Friday, April 12th, 2019
Tomorrow's pattern is expected to be the one with an early high and a late high.
It tends to be a strong rally day if it opens with a gap up (that is what I expect).
Here follows some typical charts with patterns valid for tomorrow showing early high and late highs:






What'd You Miss from yesterday

S&P 500 cash trading pattern prediction for Friday, April 12th, 2019


Predicted pattern for today, Thursday the 11th of April was the following:

"The expected pattern is the one with an early high (not considerable gaps observed)followed with lower highs into closing bell... tend to be a negative day"

And here follows today's chart with the early high with lower lows a negative day for most of the trading day but we managed to close UNCH.

Sunday, April 7, 2019

S&P 500 prediction for trading Monday April 8th 2019

SPX trading pattern for Monday, April 8th / 2019 is expected to be the one with an early low, decline into 10:00, rally to a high at around 1PM, decline to a low at 3PM followed by a rally to closing bell at 4 PM1(14:00).

The pattern described above should be similar to the 2 following earlier trading days:


S&P 500 prediction for trading Monday April 8th 2019

SPX trading pattern for Monday, April 8th / 2019 is expected to be the one with an early low, decline into 10:00, rally to a high at around 1PM, decline to a low at 3PM followed by a rally to closing bell at 4 PM1(14:00).

The pattern described above should be similar to the 2 following earlier trading days:


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