S&P 500 Elliott Wave Analysis: Bear market corrective rally Wave iv) [Video]

Peter Mathers TradingLounge

Stock Market SP 500, NASDAQ 100 NDX, Russell 2000 RUT. Dow Jones Industrial (DJI) Elliott Wave Technical Analysis and Trading Strategies.
US Markets News Today:Fed officials stare down market volatility, say inflation remains paramount focus.
Elliott Wave Market Summary: The current trend down into Wave (1) is not completed, that said the US Indices are in a series of Elliott Wave fours, which tend to move sideways.
Elliott Wave count: Wave iii) of 3 of (1) of C).
Day / Trend Trading Strategies: Short Rallies and new lows...Keep a wide stop away from the Wave fours iv) and 4 as the market has a high probablity of moving lower over time.

Video Chapters:
00:00 S&P500.
11:47 NASDAQ 100 (NDX).
13:17 Russell 2000 (RUT).
18:19 Dow Jones Industrial Average.
20:19 End. Thanks for supporting!

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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