Stock chart patterns and technical analysis (TA) explained simply. Disclaimer: This blog and all its contents are for educational and entertainment purposes only. Do not trade or invest based on any information seen on this blog. Please read Terms of Service. The K E Stone blog sites (Keybot the Quant) are blacklisted by Google, so enjoy the ad-free experience, and only use the Donate button when supporting the sites.
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Sunday, August 30, 2020
SPX S&P 500 5-Minute Chart; Programmed Buying at the 65-Minute Intervals
The trading day is separated into six 65-minute trading segments;
9:30 AM EST to 10:35 AM EST
10:35 AM to 11:40 AM
11:40 AM to 12:45 PM
12:45 PM to 1:50 PM
1:50 PM to 2:55 PM
2:55 PM to 4:00 PM
The robots are buying blocks of shares at the start of each interval as shown by the green boxes; pop, pop, pop, pop, pop, pop. The robots are following the trend. Uptrend, click, buy, uptrend, click, buy, uptrend, click, buy, etc... Watch these pivot points throughout the day especially that 2:55 PM changeover that sets the course for the last hour of trading. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision.
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