S&P 500 Elliott Wave Analysis [Video]

Peter Mathers TradingLounge

Technical Analysis Elliott Wave SP 500 [SPX] NASDAQ [NDX] AMZN, GOOG, AAPL,SQ, FB,TSLA

S&P500 Technical Analysis: Tracking two bullish corrective pattern. The main daily and weekly trend are in tack.

US Stocks AMZN, GOOG, AAPL,SQ, FB,TSLA Stocks are in an (a) (b) (c) corrective pattern and they are still in Wave (a) in line with indices

S&P 500 Elliott Wave: Wave iv of B of (4) Or Wave i of (iii) of iii)
NASDAQ Elliott Wave: Wave iv)

SP500 TradingLevels: In the slightly bigger picture the 4300 Minor level 3 which is also
the top of Minor group1 is the important price point as support or resistance and this will take a few more trading sessions to establish as support or resistance.

SP500 Trading Strategy: See video for intraday trade set ups.

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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