S&P500 Technical Analysis Oct 25 2023
S&P500 Technical Analysis Oct 25, 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.
-
8:16
Petes Investing
1 month agoBitcoin and precious metals take a "slight" hit
531 -
LIVE
Drew Hernandez
3 hours agoBREAKING: ANOTHER TRUMP ASSASSINATION ATTEMPT?!
4,257 watching -
LIVE
Vigilant News Network
4 hours agoWhistleblower Reveals How Big Tech Is ALREADY Rigging the 2024 Election - Media Blackout
1,390 watching -
1:46:52
BaldBrad
3 hours agoBreaking News: Donald Trump Had Another Assassination Attempt On His Life
36K44 -
4:35:26
LumpyPotatoX2
7 hours agoSunday Funday - #RumbleGaming
36K -
10:27
Vigilant News Network
2 days agoTop Democrat Warns Americans Will Be SHOCKED by Secret Service's Failures | Beyond the Headlines
69K23 -
LIVE
Barstool Gambling
8 hours agoPardon My Take and Company Sweat Out the Sunday Slate | Barstool Gambling Cave
661 watching -
LIVE
Major League Fishing
3 days agoLIVE! - General Tire Team Series: Heritage Cup - Day 1
511 watching -
2:15:10
Game On!
21 hours ago $5.54 earnedNFL Wise Guy Round Table Week 2 Circa Millions Picks
122K13 -
15:06
Mr. Build It
2 days agoBuilding a Cabin in the woods (Part 1)
92.1K27