SPDR S&P 500 - Almost 11 Years of Uptrend

Incredible, about 11 years of uptrend which started around 02 March 2009.

With such long-term uptrend, monthly fixed amount of buying can be done if you have no-time to monitor the market.

However, I don't recommend automatic STI ETF for monthly fixed investment, pull out its chart and you should know.

Self homework is important even if you want it to be auto.

Monthly Chart of SPDR S&P 500 ETF Trust (SPY)

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

SPDR S&P - 15 Jan 2021

SPDR S&P ETF chart shows no weakness, waiting for 350 support point to accumulate some.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

SPDR S&P - 08 Jan 2021

SPDR S&P chart shows that risk is higher now.  

Previous uptrend about 1 year.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

SPDR S&P ETF (S27) - Bulls Still in Control

SPDR S&P ETF (S27) - Bulls still in control.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

SPDR S&P (S27) - No Direction

SPDR S&P 500 (S27) like DJIA looks weak.  Better to stay sidelines as the bulls are weak.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

SPDR S&P 500 - Follow the Dow Uptrend

SPDR S&P 500 S27 - Same as DOW, still bullish.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

SPDR S&P - Looks Normal

SPDR S&P 500 looks normal, no unusual movement.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.

SPDR S&P 500 (S27) - Uptrend Continues

SPDR S&P 500 (S27) uptrend continues.

Rule number 1: Always put a stop loss before entry, always, no exception. You do not drive a car if it does not have brakes. Have a stop loss first, then think about entry, end of conversation.

Rule number 2:: No Rule number 2, strictly master Rule Number 1 and you are likely to succeed in Technical Trading.