SP500 Technical Analysis For Tuesday, Dec. 8

Stock Market S&P 500 [SPX] Index and Nasdaq [NDX] Technical  Analysis Elliott Wave for Investing trends or day trading.  

SPX S&P 500 Elliott Wave: Wave(iii) of iii) of 5 of (1)

Trading Levels: The Midpoint 3650 is required as support, then the next sublevels is Group2 SG2 3665|3672|3680, once the 3665 becomes the tested support then the market can climb higher to 3700 which is now required as the support, then Minor Level resistance is 3800.

SP500 Trading Strategy: Three long trades and the stop has been moved higher, continue to add long positions through the levels.

Video length 00:23:02

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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