S&P 500 Index, Nasdaq 100 and Russell 2000 Technical Analysis

By Peter Mathers of TradingLounge.com

Elliott Wave Analyst - tradinglounge • Aug 21, 2021 at 1:42 AM EDT

SP500 TradingLevels: Target Minor Level 5 at 4500.

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S&P 500 Elliott Wave: Exploring the bullish and bearish patterns as Intermediate Wave (4) starting or the market pushing higher into Wave (3)
Nasdaq Elliott Wave: The pattern at 15,000 is messy, so we simply wait to see if the 15,000 (Medium Level) becomes the support or resistance
Russell 2000 Elliott Wave: Wave A of (4)
SP500 TradingLevels: Target Minor Level 5 at 4500
SP500 Trading Strategy: The next time 4400 becomes the resistance then short, see the details in the video.
Nasdaq 100 Trading Strategy: Currently short with stop above the 15,000

Video length 00:40:20

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