SP500 Elliott Wave Analysis: Next Market Rally Depends On This

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SP 500 Elliott Wave Trading Technical Analysis: SP 500 (SPY), NASDAQ 100 NDX, QQQ ETF, Russell 2000 RUT IWM ETF,  Day Trading Strategies

Market Summary: Elliott Wave count Wave 5 of (1) so the next session could see the top of (1) The ABC Wave (2) correction, that will be our Trade Set up.
Day / Trend Trading Strategies: Locking in profits and selling at the next high for short term traders. Positions traders wait for the retracement of Wave (2) and I will refine the entries as we build longer term positions into Wave (3)

Video Length: 00:22:56

Video Chapters
00:00 S&P500 & SPY ETF
20:23 NASDAQ 100 (NDX)
21:12 Russell 2000 (RUT) 
22:25 Thanks for watching!

SP 500 Elliott Wave Counts
S&P 500 Elliott Wave 5 of (1)
Russell 2000 Elliott Wave 5 of (1)
NASDAQ 100 Elliott Wave  5 of (1)

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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