SPX & S&P 500 Index Overview & Forecast [Video]

Peter Mathers TradingLounge

Technical Analysis Elliott Wave SP 500 [SPX] NASDAQ [NDX] Amazon AMZN, Alphabet GOOG, Apple AAPL,Square SQ, Facebook FB, Tesla TSLA.

S&P500 Technical Analysis: The 4430 as support is required, then 4450 as tested support, setting the next level as the target 4500 (MinorLevel 5)

US Stocks Bullish trend for AMZN GOOG, AAPL,SQ, FB,TSLA for trade set ups see video.

S&P 500 Elliott Wave: Wave 3) iii of (iii) of iii)
NASDAQ Elliott Wave: Wave 3) of iii of (iii) of v)

SP500 TradingLevels: The base support is 4300 Minor Group 1 support, the next level is 4500

SP500 Trading Strategy: Long above 4400 SP500 and 15,000 NASDAQ 100 See video

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.

EUR/USD consolidates around 1.0900, bullish bias remains ahead of key US data

The EUR/USD pair is seen consolidating its strong gains registered over the past two days and oscillating in a narrow band during the Asian session on Tuesday. Spot prices currently trade around the 1.1900 mark, just below an over one-week high touched the previous day.

GBP/USD tilts bullish as markets barrel toward mid-week NFP print

GBP/USD is holding a broader bullish structure on the daily chart, with price trading well above the 50 Exponential Moving Average at 1.3507 and the 200 EMA at 1.3310, confirming the intermediate uptrend that has been in place since the November 2025 low near 1.2300.

Gold falls below $5,050 as traders await US jobs data

Gold price attracts some sellers near $5,035 during the early Asian session on Tuesday. The precious metal edges lower amid improved risk sentiment and some profit-taking. Traders brace for key US economic data later this week, including delayed employment and inflation reports.

Litecoin eyes $50 as heavy losses weigh on investors

Following a strong downtrend across the crypto market over the past week, Litecoin holders are under immense pressure. The Bitcoin fork has trimmed about $1.81 billion from its market capitalization since the beginning of the year, sending it below the top 20 cryptos by market cap.

The market is buying everything again but is it dancing on a borrowed floor

The market has a short memory and a fast trigger finger. Last week’s liquidation barely cooled before risk came roaring back, pushing the S&P toward record territory and reinstalling Big Tech as the engine of choice. This is not discovery. It is re exposure.

Ripple exposed to volatility amid low retail interest, modest fund inflows

Ripple (XRP) is extending its intraday decline to around $1.40 at the time of writing on Monday amid growing pressure from the retail market and risk-off sentiment that continues to keep investors on the sidelines.