S&P 500 Technical Analysis For Thursday, April 29

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

Disclosure: As with any trading or investment opportunity there is a risk of making losses especially in day trading or investments that Trading Lounge expresses opinions on. Note: Historical ...

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