SP500 Technical Analysis Elliott Wave [Video]
|SP500 Technical Analysis Elliott Wave and Trading Levels
Elliott Wave: Top is in play with the first impulse wave unfolding lower.
TradingLevels: Minor Level mTL8}2800 is the support that will become the resistance to help set up short trades.
Trading Strategy: Waiting for Short Trade Setups to unfold, that is, short a corrective rally back to 2830 then add to short trades under 2800 as the resistance, then add again once 2772 becomes the resistance.
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