Your browser does not support JavaScript!
SP500 Elliott Wave Blog!

SP500 Elliott Wave Theory in Action

SP500 Looking Positive At 3000 Resistance!

SP500 Looking Positive At 3000 Resistance!

SP500 Looking Positive At 3000 Resistance!

SP500 Elliott Wave and TradingLevels Technical Analysis 21 Oct 2019

SP500 Technical Analysis: The SP500 is looking positive at 3000 ( Major Trading Level TL3). Positive because the market hasn't rejected the 3000 price point. Of course the safe long trade would be to have the TL3|3000 as the tested support.

SP500 Elliott Wave: The last trend up from the 2900 area is in three waves meaning a corrective rally, that said it can turn into five waves (Impulsive) a positive structure which would take the Sp500 above the TL3. I have two possible impulse wave counts for the upside that are explained in the video. While the market remains above 2930 the whole Elliott wave struct remains positive.

S&P500 Trading Levels: TL3|3000 is a Major Level and the market is being supported buy Sub Levels, which is two degrees lower than the Major Level 3000. The Sub Levels is Sub Group2 SG2|65|72|80 or 2965|2972|2980 this is the current support levels followed by the next level down the Mid Point 2950.

SP500 Trading Strategy: The video explains the long and the short trade triggers...


GET A TRIAL MEMBERSHIP HERE

$1 for a 20 Day Trial Membership to see for your self!

Please Note: Videos are placed out Monday, Wednesday and Friday.
Charts are posted every day for Intraday, 4 hr, daily and weekly.


Education: Elliott Wave Structures
Elliott degrees in order: Grand Super cycle wave, Super cycle wave, Cycle wave, Primary wave, Intermediate wave, Minor wave, Minute wave, Minuette wave and Subminuette wave.

Elliott Wave News SP500 (SPX) NASDAQ (NDX)
This Elliott Wave Analysis  is suitable for tracking the QQQ, dow jones DJI DJIA Emini (ES) SPY Futures Index, this video uses Contracts for Difference (CFDs)  known as CFD Trading indices / Index trading.Technical Analysis Elliott wave and Trading Levels.
E-mini ES SPY Futures Index
S&P 500 E-Mini Futures Trading/ S&P 500 E-Mini Futures
S&P 500 Technical Analysis
S&P 500 News
Trading indices / Index trading. Technical Analysis Elliott wave and Trading Levels.

S&P 500, SP500, SPX, NDX, NASDAQ, Elliott Wave, technical analysis, S&P 500 Elliott Wave, SPX Elliott Wave, NDX Elliott Wave, NASDAQ Elliott Wave, Elliott Wave technical analysis,

 

Related

Not any article

Tags

Categories

Share

You need to login in order to comment
What our clients say
Latest SP500 posts

 Get Your Trial
20 Days for $1

 

WHAT YOUR TRIAL INCLUDES
At TradingLounge we offer our Members access to all areas!

  • Our coverage means you get maximum flexibility in your trading options
  • Trade Signals for Share + CFD trading
  • Analysis + Trades updates every day
  • Elliott Wave specialists
  • Discretionary strategies to take away

 

Our huge range of markets include charts + videos for:

  • Indices – US, Asian + Euro
  • Commodities – Gold, Oil
  • Forex daily – Primary pairs + US Dollar Index
  • Buy/Sell Trade Signals – ASX, US + UK stocks – selection, set, come back next day


Also included so your trading can really improve:

  • TradeCheck to check your own analysis or trades
  • CFD Analytics Software to calculate, manage and track your trading
  • Trading Education plus One-2-One Class
  • Phone + Email support
  •  
AddThis Sharing
AddThis Sharing