MILANTRADER
S&P CASH TRADING
On this blog you will notice S&P 500 cash numbers which are derived from a fractal method.
In the same way that patterns of fractals repeat themselves, the price of the S&P index
also appears to move in replicating geomatric patterns through time.
Consider these numbers as potential target,support,resistance or reversal points.
2022
August 8
August 3
August 2
On the downside 4074. See july 8.
July 30
The 34ma weekly took a turn last week.
A pullback is in the cards.
July 29
July 8
Upside breakout points s&p 3975 and 4074.
The 34ma weekly still in a downtrend.
July 6
Waiting for a breakout. Mucho chop,chop.
June 24
If 3885 holds next 3894 and 3905
Hit next key 3885
June 22
Hit 3785. Extension 3810.
Upside still 3785. See yesterday.
Still some work to do.
June 21
Hit 3753. Stretch 3785.
June 17
If 3645 cant be hold next 3633 and 3620
If 3660 cant be hold next 3645
June 16
Hit 3668. If 3668 cant be hold next 3650.
Upside 3687 and 3695
Hit 3684. Extension 3668
June 15
Extension 3801
June 14
If 3725 -see yesterday- cant be hold next 3700
Another leg down. Some work to do. See also June 7.
June 13
If 3792 holds next 3809.
Upside 3776 and 3792.
If 3765 cant be hold next 3725
June 10
If 3901 cant be hold extension 3890 and 3874.
Upside 3924. Extension 3936.
Extension 3921 and 3901.
June 8
If 4130 cant be hold next 4112.
June 7
Volume suggests correction.See also June 1
June 6
June 3
Hit 4105. If 4105 cant be hold next 4076
June 1
Low 4073.Upside 4108.Extension 4121.
If 4081 cant be hold next 4065.
Extension 4081
Downside 4099
Chart suggests moving up.See also May 27.
May 31
Hit 4150. if 4150 holds next 4179.
If 4130 holds next 4150.
Hit 4113. Extension 4085
May 27
Been testing a new volume module, which suggests a tricky move up. The 34ma daily turned north.
Upside 4150, downside 4052.
May 23
Upside 3986
Revisited 3944. Extension 3962
Hit 3944. Downside 3908.
May 19
If 3936 holds next 3960.
Upside 3918 and 3926
May 17
Downside 4053 and 4044 Extension 4025.
May 16
Hit 4044.Extension 4053.
May 13
Hit 4016. Next 4023 and 4031.
May 12
Downside. If 3861 cant be hold next 3834.
Upside 3941. If 3941 holds next 3964.
May 11
See yesterday. Noisy days.
May 10
Hit 3995. If 3995 holds next 4016. Extension 4041
Upside 3995.
If 3968 cant be hold next 3944
Downside 3976. Extension 3968.
May 9
May 6
Hit 4148. If 4148 holds next 4165
Upside 4121 and 4131. Extension 4148.
May 5
The 34 ma weekly. See also april 15 and feb 18.
Hit 4108. Upside 4134 and 4154.
Hit 4121. Upside 4175
Extension 4108
If 4147 cant be hold next 4136
Downside 4186 and 4170. Extension 4147.
May 4
Upside 4235. If 4235 holds next 4285
If 4190 holds next 4206
May 3
May 2
Extension upside 4190, downside 4130 and 4110.
April 29
If 4188 cant be hold next 4161. Extension 4139
If 4228 cant be hold next 4188
On the downside 4252 and 4228.
April 28
Hit 4280. If 4280 holds next 4343.
Hit 4245. Next 4280.
April 27
Hit 4164. Upside key 4245.
Yesterday price visited most of the mentioned numbers. If 4172 cant be hold
next 4164. Extension 4119. Upside waiting for data.
April 25
Hit 4280. If 4280 holds next 4309.
Hit 4251. Next 4271. Extension 4280
April 21
April 20
April 19
4443 and 4453
April 18
April 15
Since jan 4 the correction runs orderly. No panic so far. The 34 ma is nearing the bottom area.
See call feb 18.
April 14
If 4422 cant be hold next 4391.
Upside 4461
On the downside 4436. Extension 4422.
April 13
If 4428 holds next 4445.
Extension 4428
If 4407 holds next 4419.
April 12
If 4407 cant be hold 4370 next
If 4454 holds 4466 next.
April 11
If 4454 -see april 6 - cant be hold next 4441 and 4407
April 8
If 4516 holds next 4537
April 7
Extension 4516.
April 6
Upside 4494 4508
On the downside 4482 and 4454. On the upside waiting for data.
April 5
If 4557 cant be hold extension 4525.
On the downside 4567 and 4557. On the upside 4581 and 4618.
April 1
Upside 4537. If 4537 holds next 4545.
On the downside 4526. If 4526 cant be hold next 4500 and 4476
Feb 18
The weekly 34ma signalled a correction is underway since august 2021.
It suggests it will bottom in the coming months.