S&P 500 Technical Analysis For Tuesday, March 16

S&P 500 [SPX] Index and NASDAQ [NDX] Technical  Analysis Elliott Wave Trading
Plus US Stocks: AMZN, GOOG, AAPL, FB, SQ, TSLA With Elliott Wave theory applied 

  • Overview: Last week support moved into the markets, but the week's volume was lower than the previous week (meaning divergence) and this can impact more on the Nasdaq than the SP500, as the NDX is lagging in the move to the upside compared to the SP500
  • SPX S&P 500 Elliott Wave: Wave (iii) of  v) in progress
  • SP500 Trading Strategy: Three long trades in the SP500 Plus long trades in most of the tech stocks presented here

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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William K. 1 month ago Member's comment

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