Elliott Wave Top In Place: S&P 500 - Nasdaq - Russell 2000 - Dow Jones

Elliott Wave Analyst - tradinglounge • Nov 29, 2022 at 4:00 AM EST

Elliott Wave Markets Summary: Possible top in place and the next bear trend has started, the main short trade in the S&P 500 will come on the (a) (b) (c) rally of Wave ii) which will retest the 4000 level.

S&P 500, INDEXSP: .INX, Nasdaq-100, INDEXNASDAQ: NDX, Russell 2000 RUT. Dow Jones Industrial (DJI) Elliott Wave Technical Analysis and Trading Strategies.
US Markets News J. Powel speaks Wed. ADP Wed, a big week for news events
Elliott Wave Market Summary: Possible top in place and the next bear trend has started
Elliott Wave count: Wave (iii) of i) of 1
Day / Trend Trading Strategies: The main short trade will come on the (a) (b) (c) rally of Wave ii) which will retest 4000

Video Chapters
00:00 S&P500
23:23 NASDAQ 100 (NDX)
24:11 Russell 2000 (RUT)
26:26 Dow Jones (DJI)
35:37 TRIAL Buy 1 Month Get 3 Months

Analyst Peter Mathers TradingLounge™ Australian Financial Services Licence - AFSL 317817

Video Length: 00:35:37

More By This Author:

Elliott Wave Technical Analysis: Analog Devices Inc. - Monday, Nov. 28
Dogecoin (DOGEUSD) Elliott Wave Technical Analysis
Elliott Wave Stock Market Summary - SP500, US Stocks

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 trading results are no guarantee of future returns. Some investments are inherently more risky than others. At worst, you could lose your entire investment and more TradingLounge™ uses a range of technical analysis tools, such as Elliott Wave, software and basic fundamental analysis as well as economic forecasts aimed at minimising the potential for loss. The advice we provide through our TradingLounge™ websites and our TradingLounge™ Membership has been prepared without taking into account your particular objectives, financial situation or needs. Reliance on such advice, information or data is at your own risk. The decision to trade and the method of trading is for you alone to decide, tradinglounge takes no responsibility whatsoever for your trading profits or losses. This information is of a general nature only, so you should, before acting upon any of the information or advice provided by us, consider the appropriateness of the advice in light of your own objectives, financial situation or needs. Therefore, you should consult your financial advisor or accountant to determine whether trading in Indices Stocks shares Forex CFDs Options Spread Betting derivatives of any kind / products is appropriate for you in light of your financial trading circumstances.