S&P 500 Technical Analysis For Tuesday, July 6

  • S&P500 Technical  Analysis: Markets trending higher for the next few weeks, the SP50 to 4400 as the next important level, but much higher is expected.
  • S&P 500 Elliott Wave: Wave  (iii) of iii) of 5 of (3)
  • SP500 TradingLevels: 4,300 is a Minor Level and also the top of Minor Group1. Tested Support on this level with a Classic TradingLevels pattern will set the support for the next Minor Level 4,500 (mTL5|4500) with our shorter term target at 4400
  • SP500 Trading Strategy: Risk On. Buying stock or indices as this trend a lot further to go.

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