S&P 500 Technical Analysis - Tuesday, Apr. 20

Elliott Wave Analyst - tradinglounge • Apr 20, 2021 at 2:00 AM EDT

Wave four retracement is now unfolding and will create a buying opportunity once the market has reached its 38% retracement of Wave three.

(Video length 00:44:33)

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: Wave four retracement is now unfolding and will create a buying opportunity once the market has reached its 38% retracement of Wave three.
SPX S&P 500 Elliott Wave: Wave a of (iv) v) of 5 of (3) in progress
SP500 Trading Strategy: I'm not shorting this wave (iv) but rather waiting for its completion to trade long again with the main trend.

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