US500 Futures ~ Snapshot TA / Fibonacci Strategy
Follow-up of my "US500 Short-Med Term Outlook" chart.
Updates:
- Removed Horizontal Lines
- Upward Parallel Channel (green) captures recent Bullish movement
- Demand Zone (white box) of keen interest if price action collapses
- Heavy emphasis on Fib Extension (line) & Retracement (dotted) aka Fibonacci Strategy - has been doing a decent job identifying key Support/Resistance levels
- Narrowed time-frame down from 4hr to 1hr for better tracking when loading new bars
Chart looks 'squished' on initial view - this is by deliberate design to capture entire Fib Extension & Retracement (so far) when you're zooming in on chart.
Boost/Follow appreciated, cheers :)
US500 ES1! ES2! SPX 
SPY
Updates:
- Removed Horizontal Lines
- Upward Parallel Channel (green) captures recent Bullish movement
- Demand Zone (white box) of keen interest if price action collapses
- Heavy emphasis on Fib Extension (line) & Retracement (dotted) aka Fibonacci Strategy - has been doing a decent job identifying key Support/Resistance levels
- Narrowed time-frame down from 4hr to 1hr for better tracking when loading new bars
Chart looks 'squished' on initial view - this is by deliberate design to capture entire Fib Extension & Retracement (so far) when you're zooming in on chart.
Boost/Follow appreciated, cheers :)
US500 ES1! ES2! SPX SPY 
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.