S&P 500 Technical Analysis - Tuesday, Apr. 20

(Video length 00:44:33)

  • S&P 500 [SPX] Index and NASDAQ [NDX] Technical  Analysis Elliott Wave Trading
  • Plus US Stocks: AMZN, GOOG, AAPL, SQ, FB, TSLA With Elliott Wave theory applied 
  • Overview: Wave four retracement is now unfolding and will create a buying opportunity once the market has reached its 38% retracement of Wave three.
  • SPX S&P 500 Elliott Wave: Wave a of (iv) v) of 5 of (3) in progress 
  • SP500 Trading Strategy: I'm not shorting this wave (iv) but rather waiting for its completion to trade long again with the main trend.

 

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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