Premium Only Content

S&P500 Technical Analysis Aug 30 2023
S&P500 Technical Analysis Aug 30, 2023 using Stochastic and Commodity Channel Index.
Welcome to Pete’s investing updates
in this strategy edition we will be talking about trading using the Commodity Channel Index Indicator with a weighted moving average, and applying a % Gain and Average Down approach.
#S&P500 #sharetrading #averagedown #MovingAverage #CCI #CommodityChannelIndex #divergence
Become a PetesInvesting Patreon member with same day updates on
https://www.patreon.com/petesinvesting
Don't forget...
First always remember to review petesinvesting channel playlists
Updated every weekend I look at the charts of some select blue chip shares as well as some key world sharemarket indices.
As always click on the SUBSCRIBE button as well as the NOTIFICATION bell and LIKE this video to support this channel.
If you want me to review an Index a share, a commodity or a FOREX pair, put it in the comments and I'll cover it in a future video
Things
to consider:
•We track and trade on a Daily chart since we want to back test and see results of trades back during the GFC as well as Covid effects.
•We track and back test Revenue over Drawdown requirements
(as a %) to optimize our returns with less exposure.
•Brokerage is included in our back testing. I use $8 per transaction each time we buy or sell. Revenue shown may change slightly depending on your brokerage costs.
•Our Back testing transacts with $2,000 per trade. ie everytime you purchase $2k worth of shares in the instrument you want to invest.
To increase Revenue (ie returns) simply increase this. But beware this will also increase your Drawdown, so ensure you factor in this with your money management strategy.
Lets get started
Remember...
Don't forget to subscribe / LIKE and hit the notification bell and review the PETESINVESTING channel playlists for further reference.
-
30:30
Petes Investing
7 days agoMagnificent 7 Stocks reviewed
81 -
LIVE
LFA TV
11 hours agoLFA TV ALL DAY STREAM - WEDNESDAY 6/4/25
368 watching -
LIVE
JULIE GREEN MINISTRIES
1 hour agoLIVE WITH JULIE
29,630 watching -
LIVE
The Bubba Army
22 hours agoTrump Musk BreakUp? - Bubba the Love Sponge® Show | 6/04/25
1,990 watching -
29:12
Producer Michael
18 hours agoTOURING A $13,750,000 LAS VEGAS MEGA MANSION WITH SPECTACULAR VIEWS OF THE STRIP!
14.4K7 -
1:37:10
Nick Freitas
15 hours agoWhat We've Learned Through 26 Years of Marriage
6.96K1 -
LIVE
BEK TV
22 hours agoTrent Loos in the Morning 6/4/2025
171 watching -
24:56
Brandon Lutnick
5 days agoBitcoin 2025: Brandon Lutnick and Paolo Ardoino fireside chat
17.8K4 -
9:12
SKAP ATTACK
16 hours ago $1.48 earnedFlopping, Foul Baiting & Lack of Physicality has RUINED the NBA
24.9K3 -
24:46
JasminLaine
16 hours agoDanielle Smith DROPS THE HAMMER—“If Government Has to Step In—We FAILED!”
12.4K17