^GSPC | S&P 500 | ABCD Chart Pattern | AmiBrokerAcademy.com

November 18, 2016

US Stock Analysis

It is Still a Bull Market (remember only until it completed)

You are lucky. Why? After many years, you might be look back and say I was young enough to see some of the great effects of the era.

As we mentioned, one of the key lesson learnt in the recent Presidential Election was only until the results unveil, whatever speculation is remain as a guess work.

You can see many ABCD pattern, complete in full or fail. It gives a very good visual effect for planning your trade.

We’ve had major corrections along the way but it still been a bull market.

 

 

AB = CD | ^GSPC | S&P 500 Charting

Remember all setup can fail, this means in an ABCD Chart Pattern, we expect to see AB = CD, but there are time, AB does not equal to CD. See chart that followed for details. You will find at least twice the AB does not equal to CD. However, the simple chart pattern still give you the trend direction for your trading plan.

November 17, 2016 S&P 500 ^GSPC Daily

November 17, 2016 S&P 500 ^GSPC Daily

 

 

 

 

^GSPC | S&P 500 Daily Chart

 

November 17, 2016 S&P 500 Daily

November 17, 2016 S&P 500 Daily

 

 

 

 

 

 

 

 

Have fun!

Moses US Stock Desk

AmiBrokerAcademy.com

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