In this video, I provide an Elliott Wave analysis of the S&P 500 market, discussing the rare expanding diagonal fifth wave pattern and examining recent market movements and trading patterns.
In this video, I provide an Elliott Wave analysis of the S&P 500 market, discussing the rare expanding diagonal fifth wave pattern and examining recent market movements and trading patterns.
I analyze various technical indicators and trading activities, including options strategies, algorithmic behavior, and the impact of key price levels and volatility triggers.
I conclude by discussing potential market scenarios and targets, considering both corrective and impulsive wave counts while noting the influence of external factors like Supreme Court decisions on market volatility.
Futures and Options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don’t trade with money you can’t afford to lose. This is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this web site. The past performance of any trading system or methodology is not necessarily indicative of future results.
CFTC Rule 4.41 – Hypothetical or simulated performance results have certain limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will, or is likely to, achieve profit or losses similar to those shown.
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