S&P500 Technical Analysis Oct 20 2023
S&P500 Technical Analysis Oct 20, 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.
-
6:46
Petes Investing
9 days agoNatural Gas BOIL KOLD UNG Technical Analysis Jul 02 2024
19 -
DVR
Benny Johnson
2 hours agoBiden BLAMES OBAMA For Plot To FORCE Joe Out as Campaign PANICS: 'Donations Have STOPPED'
7.96K63 -
23:34
Breaking Points
2 hours ago7/11/24: LIVE AMA!
17K13 -
2:35:22
The Kirk Minihane Show
4 hours agoKMS Live - July 11, 2024
17.6K -
2:45:39
Due Dissidence
15 hours agoNATO Comes To Washington, Clooney ABANDONS Biden, Progressives DEBASE Themselves for Biden AGAIN
23.1K20 -
1:05:31
Graham Allen
5 hours ago🚨BIDEN IN PANIC: His Campaign is OUT OF MONEY + Hollywood Elites Are BACKSTABBING Joe!!
33.6K87 -
3:06:43
Matt Kohrs
11 hours agoMarket Madness: LIVE! Inflation Report || The MK Show
35.3K3 -
10:24
Gamers Unbeaten
4 hours agoIf A Robot Identifies As a Woman… | Deep Thoughts While Gaming
22.3K4 -
1:01:28
2 MIKES LIVE
3 hours agoThe Mike Schwartz Show
33.6K1 -
1:36:18
The Podcast of the Lotus Eaters
6 hours agoThe Podcast of the Lotus Eaters #954
39.1K37