SP500 Technical Analysis Update (Following The Yellow Brick Road) | EASY Trading Strategy
4 years ago
13
In today's SP500 technical analysis daily recap I go over both the daily time frame and the intraday 30 minute time frame. The stocks market has been throwing all types of curve balls at us recently. We have had gap ups, gap and traps, gap and slaps, gap downs, and everything in between!
The SP500 (S&P 500, US500, SPY) review will give us good insight as to where the stock market is heading. Will it crash to a new low (bull trap)? Will it hit a record high (bear trap)? Only time can tell. Unfortunately i'm no genuine!
Toward the end of the video I discuss a trading strategy that is very easy. Some call it "Following the yellow brick road", professionals call it the 20 period moving average haha.
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