Analyzing the S&P - Understanding algos on a fresh chart

67
This will be very helpful for those looking at a bare chart and are not certain how to proceed.

This is a somewhat advanced but also very basic walk through of how we can analyze the S&P and broader market in 10 minutes. I can do this for hours and get into way more detail as I do with my students but this will be a helpful refresher for those following my videos - which have already built in algorithms drawn - as to how to start from scratch and what all these lines mean.

Keep in mind however that I do not touch on creating and understanding supply & demand levels here which is a very important part of the confirmation process for actual trading.

Happy Trading all :)

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.