SP500 Technical Analysis for Tuesday, Dec. 155

Elliott Wave Analyst - tradinglounge • Dec 15, 2020 at 1:20 AM EST

Trading Levels: The next support for the SP500 is 3650, this is the low end of Minor Group2.

Stock Market S&P 500 [SPX] Index and Nasdaq [NDX] Technical Analysis Elliott Wave for Investing trends or day trading.

Overview: Looking at AMZN, GOOG, AAPL & FB it appears they have either started a trend to the upside or are completing a larger Wave 4, meaning that the market is still bullish

SPX S&P 500 Elliott Wave: tracking two bullish corrective patterns as Wave ii or (iv)

Trading Levels: The next support for the SP500 is 3650, this is the low end of Minor Group2

SP500 Trading Strategy: 3640 as resistance creates the short trades and tested support on 3680 creates the long trades

Video length 00:37:24

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