S&P 500 Elliott Wave Analysis - Trading Lounge
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.
Peter Mathers TradingLounge
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#sp500 #nasdaq #russell2000
The S&P 500, or simply the S&P, is a stock market index that measures the stock performance of 500 large companies listed on stock exchanges in the United States. It is one of the most commonly followed equity indices. Wikipedia
The NASDAQ Composite is a stock market index that includes almost all stocks listed on the Nasdaq stock market. Along with the Dow Jones Industrial Average and S&P 500 Index, it is one of the three most-followed stock market indices in the United States. Wikipedia
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