SP500 (SPX) NASDAQ (NDX) 100 Russell 2000 (RUT) Technical Analysis Elliott Wave Principle & Day Trading
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SP500 NASDAQ 100 Technical Analysis Elliott Wave Forecast & Trading
S&P500 Technical Analysis: Elliott Wave WXY bullish corrective pattern as Intermediate Wave (4)
Russell 2000 Wave e) of 4 completed
S&P 500 Elliott Wave (b) of c) of Y of (4)
NASDAQ Elliott Wave (b) of c) of Y of (4)
SP500 TradingLevels: Moving into Minor Group 1 MG1|4300|4200|4100 each level is a Minor Level and will see the price bounce at these price points.
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SP500 Trading Strategy: Neutral
NASDAQ 100 Neutral
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I think the S&P 500 is in Wave 2 of Wave 5 of Wave 5 of A. This is a 5 move diagonal. Do you have an email I can send you a picture of my count?
When we get a weekly candle close above the March high in the Russell I won’t know what to do with myself! I still think a really big rally could follow. 🤞🏼
Thank you Pete 🍻
Support on 2300 is closer and will do the trick. Even a classical tradinglevels pattern on 2250 for a very small first position could work. p:))
Pete, I don’t think that is wave one for Nasdaq. It looks like that move from 8th is a wave b and we may have an impulsive wave C all the way up to 15200-15300, then a move to 14000.
Basically a larger wave b for y. Then a final wave C.
yes, I hear ya loud and clear. but I have started to build in very small long positions, just in case its the bullish run, then I can add later or exit with a few cents… p:))
Same for s and p 500
you don’t *always get it right. ..but you shed light on the structures, and explain alternates…..that’s where the value is, imho.
Great, so I’m not totally useless, must tell wife p:))
With Mercury Retrograde until Friday the 17th, I will sit on the bench for the rest of the week. We’ll have a resolve next week, we know it’s going to be up.
thank you! p:))
Hola Peter me quedo con los 14000 en nasdaq . Un saludo
14850 como el soporte probado, vería el p alcista NDX p:))
Great thanks. Hope spx pulls down until late oct for a good entry
I hope so too, I’ve started building little tiny long positions and getting each one to breakeven, if it continues to trend, at least I will have a position and if it drops lower, then, good too. If it’s going to fail its here at 4380 or the 4400 p:))
Pls refer to EW fractals rules!