S&P 500 Technical Analysis - Thursday, June 24

(Video length 00:41:04)

  • Technical  Analysis Elliott Wave SP 500 [SPX] NASDAQ [NDX] AMZN, GOOG, AAPL, SQ, FB, TSLA 
  • S&P500 Overview: Indices have had an Impulse wave up off their lows. 
  • So we should see an abc retracement as Wave (ii) in the next session, which would be in line with the bullish weekly cycle theory.
  • Therefore we should be able to build in long positions late Thursday arvo and Friday morning and arvo.
  • S&P 500 Elliott Wave: Wave (ii) of iii) of 5 of (3)
  • SP500 Trading Strategy: Looking for long trade set-ups

 

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