S&P 500 Index: Technical Analysis - Friday, June 26

Elliott Wave Analyst - tradinglounge • Jun 26, 2020 at 3:20 AM EDT

Technical analysis using Elliott Wave. In this video we look at the market retracing 61.8% and what trades to take next.

S&P 500 Elliott Wave: Tracking two Elliott Wave counts.

Trading Levels: Resistance at 3100 Minor Level (mTL3).

SP500 Trading Strategy: Long trade to 3100 or 3150. Exit at 3100 and wait for the next trade long or short using SG1 or SG2.

Video Length: 000:18:49

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Disclosure:

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Analyst Peter Mathers TradingLounge™ Australian Financial Services Licence - AFSL 317817