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SP500 Elliott Wave Analysis: The Big Short!


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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.
Elliott Wave Market Summary Today: US Indices are now in their next leg lower. Preparing to short trade positions into this trend...
Stock Market News Today U.S. Dow falls nearly 500 points as bear market bounce loses steam
Day / Trend Trading Strategies: build short trades at Wave ii) corrective rally, see video for details

 

Video Chapters
00:00 S&P500 SPY ETF
10:51 NASDAQ 100 (NDX)
16:38 Russell 2000 (RUT)
18:35 Dow Jones Industrial Average (DJI)
19:51 Thanks for watching!

Peter Mathers started trading in 1982 he has a wealth of experience; his videos are highly educational and professional. You will learn more about Elliott Wave and the TradingLevels method for safer entries, stops and targets.


Source: tradinglounge  Analyst Peter Mathers

 

 

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    • Yes Goldenbrown, I think you make a good point about being careful when trading.  In my opinion, only trades which are calculated to have a high probability of being correct should be placed. DAX is a market that can look daunting at first, but after a lot of study and experience with it, I have found it to be easier than the others. If you would like to see the answers to your other points, please see my IG Community Profile. Best regards.
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    • I just cheeked my positions and it is now closed. I am guessing it was a time delay between the moment when the markets closed and the moment when the position closed ( about 30 min difference) when the options was still showing as an opened position and with the next day expiry (25)
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