Market Technical Analysis - S&P 500 Index & 6 Sector ETFs

Elliott Wave Analyst - tradinglounge • Dec 3, 2022 at 1:20 PM EST

A positive week ends on higher volume and higher prices for the US stock market.

US Stock Markets News Today: A positive week ends on higher volume and higher prices for the US stock market.

Elliott Wave Market Summary: Expect the next trading session to push higher to complete the intraday Elliott Wave count of Wave v)

Elliott Wave count: I'm 80% bullish on the SP500. A bullish trend can be confirmed with a stronger deeper retest of the 4000 later next week and secondly a stronger Impulse wave higher.

Day / Trend Trading Strategies: Day traders can buy new highs in the next trading session, trend traders should wait for the next pulled back.

Video Chapters
00:00 S&P500 / DXY USD / US ETF Sectors
36:32 NASDAQ 100 (NDX)
37:57 Russell 2000 (RUT)
39:17 Dow Jones (DJI)

Video length 00:40:27

More By This Author:

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