"Multi Time Period Chart" of the S+P 500,on a 60 Minute Basis,
shows a "3 Box Bullish Breakout" thru Wednesday Nov.27,2019
This type of charting allows a trader
to view" trend continuation" in a simple,yet highly effective way.
Positioning with trend can make you a winner,
and the "Multi Time Period Chart "shows you clearly
which side of the market one should be on,at any given moment of time.
You will note that the current "3 Box Chart Level" of Support for the S+P 500
is currently at 3142, so bullish traders will be looking to buy any pullbacks to that level.
However, a break of support at 3142, would invite more selling,
and a "3 Box Chart" Top in the S+P 500, 60 Minute, could then be defined,.. as in place
SPX Last 3153.64
THE_UNWIND
11/29/19
NEW YORK
shows a "3 Box Bullish Breakout" thru Wednesday Nov.27,2019
This type of charting allows a trader
to view" trend continuation" in a simple,yet highly effective way.
Positioning with trend can make you a winner,
and the "Multi Time Period Chart "shows you clearly
which side of the market one should be on,at any given moment of time.
You will note that the current "3 Box Chart Level" of Support for the S+P 500
is currently at 3142, so bullish traders will be looking to buy any pullbacks to that level.
However, a break of support at 3142, would invite more selling,
and a "3 Box Chart" Top in the S+P 500, 60 Minute, could then be defined,.. as in place
SPX Last 3153.64
THE_UNWIND
11/29/19
NEW YORK
on any security that you either own, or are interested in purchasing.
It will help you to clearly define trend, in all time periods available,
and will give you a greater chance of being a winning trader in the market.