ChartPros Market Insights
Market Insights Replay: 6 Fibonacci Types that Create the Most Precise Price Targets and Reversal Zones
You're invited to join ChartPros Founder Tom Winterstein for a dynamic and fascinating presentation hosted by NinjaTrader as he covered the "magic" behind Fibonacci retracements and extensions.
This was the first time Tom made this presentation since publishing his FREE Fib Guide so you won't want to miss it!
Recorded Thursday November 02, 2023 | 4:30pm ET
Watch Replay Now!
See How This ChartPros Trade Room Member Used Apex Trader Funding to Earn Over $1M in the last year!
Vince Koehn, a long time ChartPros Trade Room member talks about his success with Apex Funded Trader program.
We frequently get asked about various funded trading programs and we've reviewed plenty of them but historically never participated in or recommended any of them.
Until recently.
ChartPros Awarding $1.2M Scholarships in September
Through ChartPros Pay It Forward – Traders Helping Traders program the company announced it is awarding scholarships valued at over $1.2M in September.
Long time ChartPros Trade Room Member and Price Action Mastery graduate Vince Koehn was instrumental in helping Pay It Forward by setting this up through Apex Trader Funding.
Learn How to Receive Yours!
Where are the Markets Heading? August 21 Chart of the Day - S&P 500
So often I get asked "Tom, where do you think the market is heading?"
I start by saying the better question is "where could the market be heading?"
Because what I think doesn't matter to price action and no one knows with any certainty where the markets are heading.
I don't make predictions, I don't call tops/bottoms however, I may react to price when it reaches a predetermined level of interest by trading or investing in that particular index, equity, commodity, Forex, etc.
Let's take the S&P 500 for example using it's futures ticker /ES...
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S&P 500 (Ticker /ES) Trade Plan for February 23
Forex Grid Trade Plan | February 13, 2023
S&P 500 Trade Plan
S&P 500 Recap for February 9, 2023
Is the S&P 500 Bear Market Over?
By definition, a bear market is when price drops 20% or more from its recent or all time highs. So for the S&P 500 ticker /ES one could say that technically speaking the bear market is over because price is now approximately 15% off the all time high set back in October 2021.
But is the recent run up simply a "Bear Market Rally" or are the bulls firmly back in charge gunning for new all time highs? See this before your next trade!
S&P 500 (Ticker /ES) Higher Time Frame Analysis
Follow along with ChartPros Founder Tom Winterstein as he charted in real time and walked through step by step to identify bi-directional levels of interest for the S&P 500 (ticker /ES).
His analysis takes you through the last couple of months of 2022 and into 2023 and you'll see all the details as well as amazingly where price went to versus the anticipated levels so far.
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