S&P 500 Technical Analysis for Thursday, April 29

Elliott Wave Analyst - tradinglounge • Apr 29, 2021 at 1:33 AM EDT

SP500 Trading Strategy: Reducing risk, by moving stops and taking part profit.

S&P 500 [SPX] Index and Nasdaq [NDX] Technical Analysis Elliott Wave Trading
Plus US Stocks: AMZN, GOOG, AAPL, SQ, FB, TSLA With Elliott Wave theory applied

Overview: Our Bullish weekly cycle should see the SP move above the 4200 (Minor TradingLevel mTL2|4200). This move above mTL2 is part of the Classic Trading Levels pattern at this level, which in turn will become the next long trade set up.
SPX S&P 500 Elliott Wave: Tracking two counts - see video.
SP500 Trading Strategy: Reducing risk, by moving stops and taking part profit.

Video length 00:39:38

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