Elliott Wave Technical Analysis: S&P 500 Index bearish [Video]
|SP 500 Elliott Wave Trading Technical Analysis: SP 500 (SPY), NASDAQ 100 NDX, QQQ ETF, Russell 2000 RUT IWM ETF, Day Trading Strategies.
Market Summary: Elliott Wave count; Wave (ii) of 3 of (C) The corrective rally is completed and the next Impulse wave down is underway for the next few weeks.
Day / Trend Trading Strategies: Continue shorting rallies and selling new lows as the Indices have more downside.
Video Chapters:
00:00 S&P500 & SPY ETF
09:12 NASDAQ 100 (NDX) & QQQ ETF
11:32 Russell 2000 (RUT) & IWM ETF
13:38 Thanks for watching!
SP 500 Elliott Wave Counts
S&P 500 Elliott Wave c) of 2 of (C)
Russell 2000 Elliott Wave c) of 2 of (C)
NASDAQ 100 Elliott Wave c) of 2 of (C)
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.