S&P 500 Elliott wave analysis [Video]

Peter Mathers TradingLounge

S&P 500 [SPX] Index and NASDAQ [NDX] Technical Analysis Elliott Wave Trading
Plus US Stocks: AMZN, GOOG, AAPL,SQ, FB,TSLA With Elliott Wave theory applied

Overview: Wave four retracement is now unfolding and will create a buying opportunity once the market has reached its 38% retracement of Wave three.

SPX S&P 500 Elliott Wave: Wave a of (iv) v) of 5 of (3) in progress

SP500 Trading Strategy: I'm not shorting this wave (iv) but rather waiting for its completion to trade long again with the main trend.

Peter Mathers TradingLounge

Author

Peter Mathers

TradingLounge

Peter Mathers started actively trading in 1982. He began his career at Hoei and Shoin, a Japanese futures trading company.

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