Mesa Exchange

Mesa Exchange Mesa Exchange offers support for trading, investments and business start up for traders and investors of all levels.

We pride ourselves as a community supporting new an aspiring traders of the future. Knowledge is meant to be passed down not forgotten.

Daily Economic Calendar
03/05/2024

Daily Economic Calendar

S&P 500 SHOOTING FOR ANOTHER SUPER-CHARGED SPAN OF WEEKLY GAINSSince bottoming in late October, the S&P 500 index SPX ha...
03/05/2024

S&P 500 SHOOTING FOR ANOTHER SUPER-CHARGED SPAN OF WEEKLY GAINS

Since bottoming in late October, the S&P 500 index
SPX
has staged an impressive advance. The SPX has rallied more than 20% off the late-October low, and has hit record highs.

Meanwhile, in mid-February, the S&P 500 did something it hasn't done in more than 50 years. That is, it rose 14 out of the past 15 weeks. Prior to this, that last happened in March 1972.

Using LSEG data back to 1928, the SPX has now only posted a rolling 14-out-of-15-week span of gains 13 times.

On February 16, the benchmark index failed to score a rolling 15-out-of-16-week span of gains, which is also something that last happened in March 1972. That was a very high bar, however, as it's only happened 7 times since 1928.

Then through last Friday, February 23, the SPX did end higher for the week, marking its 15th-weekly gain out of the past 17 weeks. Prior to that, the last time it did that was August 1989, and it's something that's now happened 29 times since 1928.

Now this week, going into Friday, the SPX stands at 5,096.27, up 0.147% for the week. If it closes above 5,088.80 today, it will be up 16-out-of-the-past-18 weeks.The last rolling 16-out-of-18-week advance ended in April 1971, and it's happened only 19 times since 1928:
(See Image Above)

If the index ends up Friday, and scores its 16th-weekly gain out of the past 18 weeks, it will be setting up another especially high bar for next week, as it would then be attempting to rise for a 17th week out of the past 19 weeks.

The S&P 500 last did this with a stretch that ended 60 years ago, in March 1964, and it's only happened 10 times since 1928.

Rule 1 for successful trading.
03/05/2024

Rule 1 for successful trading.

One of the most effective trading methods in history is the Candlestick Trading Bible. Homma Munehisa was the one who cr...
03/02/2024

One of the most effective trading methods in history is the Candlestick Trading Bible. Homma Munehisa was the one who created it. candlestick chart patterns' creator.
This trader, who was once referred to as the "God of Markets," is regarded as the most prosperous trader in history. Thanks to his discovery, he amassed more than $10 billion in today's money.
I spent ten years compiling, organizing, testing, and updating this strategy to develop my new version, which is regarded as the simplest and most successful trading system.

The trading strategy that will finally get your trading to where it should be—consistently lucrative, simple, and need minimal time and effort—is the Candlestick trading bible.
This trading strategy is based on technical analysis and Japanese candlestick patterns.
To trade any financial market, all you need to do is devote as much time as you can to mastering the strategy I'll be sharing with you.

Japanese candlestick instruction is similar to learning a new language. Imagine you have a book written in a foreign language. You glance over the pages, but you understand nothing.
Likewise with regard to financial markets. You won't ever be able to trade the market if you don't know how to read Japanese candlesticks.
Japanese candlesticks are the language of the financial markets; if you can read charts, you will be able to understand what the market is trying to tell you and be able to act accordingly.

03-04-2024 Economic Calendar
03/02/2024

03-04-2024 Economic Calendar

Promo Code: HXBTHPTEMesa Exchange is proud to share its affiliates and discounts with the world. Use our Promo Code and ...
03/01/2024

Promo Code: HXBTHPTE

Mesa Exchange is proud to share its affiliates and discounts with the world. Use our Promo Code and get 50-90% off all account sizes and account resets.

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https://www.tradingview.com/?aff_id=1361Trading View - 70% off + $15Mesa Exchange is proud to offer our clients the opti...
03/01/2024

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