SP 500 [SPX] NASDAQ [NDX] Amazon AMZN, Alphabet GOOG, Apple AAPL,Square SQ, Facebook FB, Tesla TSLA. Technical Analysis Elliott Wave
S&P500 Technical Analysis: The 4430 is now the tested support, next trading level required as support is 4450, followed by 4480 (Group 2) setting the next level as the target 4500 (MinorLevel 5)
US Stocks: Are holding down the Nasdaq 100 to 15,000, that is AMZN FB and APPL however I expect them to start moving higher on Friday in the Bullish Weekly Cycle.
S&P 500 Elliott Wave: Wave iii of (iii) of iii)
NASDAQ Elliott Wave: Wave iii of (iii) of v)
SP500 TradingLevels: The base support is 4300 Minor Group 1 support, the next level is 4500
SP500 Trading Strategy: Long above 4400 SP500 and 15,000 NASDAQ 100 See video
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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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Gracias Peter importante actualizacion la de hoy, ante un monton de dudas veo tus graficos, y me tranquiliza y le encuentro sentido al conteo . Un saludo
Thanks for your review. Please tell me, can UCTT bounce up from 46.40 and rise to 48.00?
@TradingLounge Thanks a lot. You are the best !!!
Action wasn’t bad today, held the 4420 then the 30, so odds are we’ll push towards 4447-4450 in a bit. As aforementioned even if she dips hard, it should be bought as it will be Spring activity. Why ? Current trading range is Re-Accumulation. No BC , and no Distribution. Even is we see sub 3365, all dips should be bought. 2 closes under 4330 negate my view. Good Trades !
Next area to watch the 65-72, and near the 70 zone is getting ripe for corrective action. But still believing in buying ALL dips………… cheers !
Gut thinking we trade near 61, break towards 53-47 , attempt in that 65-72 zone after……….. knowing these guys, they’ll probably preserve better fireworks ( Larger Ranges ) Next week. ” The Most Hated Bull !!! ” 🙂
you never show alternative bearish count