SP500 technical analysis Elliott wave and Trading Levels
Elliott Wave: Wave ii) completed and Wave iii) of 5 of (3) in progress
TradingLevels: Minor Level mTL8|2800 is the tested support. The next smaller degree is the Sub Levels so 2850 needs to become the support with the next resistance at Sub Group2 (SG2 65|72|80) (2865|2872|2880) if 2872 becomes the support then the market will move higher to 2900
Trading Strategy: While the stays above 2830 then its long trades
Peter Mathers
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