Rajandran R Founder of Marketcalls and Co-Founder Algomojo. Full-Time Derivative Trader. Expert in Designing Trading Systems (Amibroker, Ninjatrader, Metatrader, Python, Pinescript). Trading the markets since 2006. Mentoring Traders on Trading System Designing, Market Profile, Orderflow and Trade Automation.

S&P500 and Dow Jones Hourly Charts February Overview – II

11 sec read

S&P500 Hourly Charts
SP500

 
Currently Both the US Indices S&P500 and Dow Jones are in positional Buy mode since 7th Jan 2014. Currently the support zone coming around 1801 and 15784 respectively. Position will be reversed to positional sell mode if the support zone breaks on the hourly charts.

Dow Jones Hourly Charts
Dow Jones

Rajandran R Founder of Marketcalls and Co-Founder Algomojo. Full-Time Derivative Trader. Expert in Designing Trading Systems (Amibroker, Ninjatrader, Metatrader, Python, Pinescript). Trading the markets since 2006. Mentoring Traders on Trading System Designing, Market Profile, Orderflow and Trade Automation.

Why S&P500 is poised for a 10% correction again?

Last time I wrote about what could possibly go wrong with S&P500 index spotting a fundamentally overvalued reason and Price action on quarterly charts....
Rajandran R
40 sec read

What Could Possibly go Wrong with S&P 500

S&P 500 index is at the extreme positive sentiment getting into a sort of parabolic move. Since March 2009 $SPX moved from the low...
Rajandran R
46 sec read

Gentle Reminder: Once in a while, there will be…

This time it is Argentina Merval Index. On 12th Aug 2019, Merval Index collapsed more than 34% post-Argentine election surprise. The argentine stock...
Rajandran R
51 sec read

Leave a Reply

Get Notifications, Alerts on Market Updates, Trading Tools, Automation & More