S&P 500 Technical Analysis For Tuesday, June 29

black android smartphone turned on screen

Image Source: Unsplash

Technical  Analysis Elliott Wave SP 500 [SPX] Nasdaq [NDX] AMZN, GOOG, AAPL, SQ, FB, TSLA.

  • S&P500 Technical  Analysis: No change. Trending higher in line with the main trend.
  • S&P 500 Elliott Wave: Wave i of (iii) of iii) of 5 of (3)
  • SP500 Trading  Levels: 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)
  • SP500 Trading Strategy: Risk On. Buy new highs and buy the dips as the trend is strong. We will look to add to long positions on tested support of 4500

Video Length:00:37:41

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 ...

How did you like this article? Let us know so we can better customize your reading experience.


Leave a comment to automatically be entered into our contest to win a free Echo Show.