S&P500 Technical Analysis Sep 01 2023
S&P500 Technical Analysis Sep 01, 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.
-
8:44
Petes Investing
1 month agoSilver and Palladium Technical Analysis - User Request
48 -
1:05:58
Tate Speech by Andrew Tate
4 hours agoPETER PAN PEANUT BUTTER ALERT | EPISODE 11
79.6K47 -
26:51
Michael Franzese
19 hours agoThe Moment That Changed My Life Forever...
46.7K21 -
LIVE
The Big Mig™
21 hours agoRage Against The War Machine Live in Washington DC
836 watching -
1:41:25
Tactical Advisor
4 hours agoInaugural Show | Vault Room Podcast
29.9K5 -
2:00:13
I_Came_With_Fire_Podcast
14 hours ago"The Truth About China’s Hidden Influence: From Information Warfare to Military Power"
27.6K16 -
16:00
Josh Pate's College Football Show
2 days ago $0.09 earnedUGA vs Alabama - Josh Pate's Preview & Prediction
46.4K5 -
3:58:31
Vigilant News Network
18 hours agoJoe Rogan Issues Dire Warning to America | The Daily Dose
85.7K59 -
2:11:33
Game On!
16 hours agoCollege Football Week 5 Preview! Why Vols Fans are SCARED of BAMA!
47.5K3 -
3:44
LimitlessAmbition
8 hours agoDevelop Strong Leadership Skills with Ancient Stoic Wisdom
47.4K3