S&P 500 Technical Analysis - SPX, NDX, AMZN, GOOG, AAPL, SQ, FB, TSLA

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 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) and on a more subtle not the subgroup1 4330 as support tells us the market is done with 4300.

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 4300

Video length 00:32:35

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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