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S&P 500 Index Elliott Wave Technical Analysis Today


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SP 500 Elliott Wave Technical Analysis and Trading Strategies: SP 500 (SPY), NASDAQ 100 NDX, QQQ ETF, Russell 2000 RUT IWM ETF.
Market Summary Today: Expecting Monday to climb higher. Today I look at the bear and bullish situation as we need to draw up plans for trading the next trend.
Market News Today Stocks G-7 nations to announce import ban on Russian gold as Moscow sanctions widen
Day / Trend Trading Strategies: c) corrective rally continue to hold long into Wave c) for Friday and some of Monday trading sessions. Expect profit taking on Tuesday

Video Chapters
00:00 S&P500 SPY ETF
17:06 NASDAQ 100 (NDX)
18:17 Russell 2000 (RUT)
19:56 Dow Jones (DJI)
21:43 Thanks for watching!

Peter Mathers TradingLounge
 

 

 

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    • Lots of Open Source Stuff on Github, I've worked with the API for probably 10 years or so.    https://github.com/tg12
    • That is called "algorithmic trading" or "algotrading" and a wealth of books/videos is available about this subject, e.g. the /r/algotrading subreddit.
    • I recently came across a trading bot carnival on Bitget where users are encouraged to trade EIGEN, CATI, TON, and MOODENG to share from $50,000. Though this looks enticing but I was confused, is bot trading different from copy trading? He explained that both methods trade for you automatically. Specifically, copy trading lets you copy the trade of an experienced trader, whereas bot trading follows set rules or algorithms to make trades. He recommended both as great starting points for beginners like me to get a feel for the market. I recently started exploring copy trading and now I need to add bot trading along since I want to try out the carnival and if it is better I might stick to it or what do you think?
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