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S&P 500 Index Elliott Wave Analysis


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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. Dow Jones Industrial (DJI)
Stock Market Daily News Today: Big Tech earnings are about to determine the direction of the market
Elliott Wave Market Summary Today:  S&P 500 resistance at the 4000. Either a Wave 2 top in place or an (a) (b) (c) Wave iv) correction
Day / Trend Trading Strategies: Short trades are in for the S&P 500 and others. A move lower is not confirmed, however I will look to manage the exposure and adding new positions at the right time.

Video Chapters
00:00 S&P500 SPY ETF
26:06 NASDAQ 100 (NDX)
31:50 Russell 2000 (RUT) 
36:09 Dow Jones Industrial Average (DJI)
39:55 Thanks for watching!


Analyst Peter Mathers TradingLounge™ 

 

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    • Many players have start criticizing Memefi for their increase demand for Ton as the criteria for the airdrop eligibility remain unknown. While the project trend on x many users continue to ask kols on the eligibility and listing date of the project. The uncertainty on the requirements for airdrop remain unknow but the project announced 9th as the listing date. Key note on Memefi: MemeFi operates on the Ethereum Virtual Machine (EVM), specifically utilizing the Linea network, an Ethereum layer-2 solution for better scalability and lower transaction fees. Memefi has planned a generous distribution of its tokens, with 90% allocated for community rewards, including airdrops and play-to-earn incentives, aiming to foster long-term engagement. Users are advised to prepare for the airdrop by ensuring they have their private keys secure and ready for importing into wallets like Bitget wallet to avoid withdrawal issues due to potential server overloads during the TGE. Pre-market trading on Bitget and currently $0.029. Sentiment on Memefi is divide as some are bullish on the project while some feels is another failed project due to their demand for Ton to spin. While the community's reaction indicates a need for Memefi's developers to enhance transparency and communication to maintain or rebuild trust do you think this will be another top airdrop project or you fade?
    • Are you guys getting paid for opening multiple threads about this?
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