S&P500 Technical Analysis Sep 23 2023
S&P500 Technical Analysis Sep 23, 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 weekly scans on
https://www.patreon.com/petesinvesting
Mult MA Oscillator strategy
https://youtu.be/u7gC6uFLskM
Pete's Multiple Indicator Indicator
https://youtu.be/2uGsgJ54DNw?si=qk7Ylq8R7Lw2LNNS
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.
-
8:37
Petes Investing
28 days agoPlatinum, US Crude, High Grade Copper HIT SUPPORT levels, but watch Divergence.
63 -
3:43:50
Right Side Broadcasting Network
4 days agoLIVE REPLAY: President Trump Speaks at Moms for Liberty National Summit in D.C. - 8/30/24
192K133 -
1:48:20
Fresh and Fit
7 hours agoCuffem's Ex EXPOSED For Doing THIS At Massage Parlors?!
72.3K59 -
1:11:54
Kim Iversen
9 hours agoAmerican Journalist Interviewed Hamas Leaders, They Told Him Their Red Lines | Christopher Helali
56.4K97 -
5:44:14
Nerdrotic
11 hours agoRims of Power DESTROYS Tolkien, Acolyte COPE, Outlaws TRASH - Friday Night Tights 317 Little Platoon
113K37 -
1:05:10
Man in America
11 hours agoMartin Armstrong: 2024 May Be the LAST ELECTION We Ever Have
43.1K33 -
3:13:52
I_Came_With_Fire_Podcast
7 hours agoLive Fire (No Exercise)
34.9K10 -
3:22:20
Tundra Gaming Live
8 hours agoThe Worlds Okayest War Thunder Stream
30.2K4 -
29:12
Afshin Rattansi's Going Underground
20 hours agoWAR ON FREE SPEECH: Matt Taibbi on Telegram Founder Pavel Durov’s Arrest, US Government Censorship
45.5K25 -
LIVE
Right Side Broadcasting Network
4 days agoLIVE REPLAY: President Trump Holds a Rally in Johnstown, PA - 8/30/24
4,711 watching