Jump to content
​​​FTSE 100 hits new peak as rate cut hopes boost index ×

SP 500 Trade Setup for the next drop in Elliott Wave 3

tradinglounge

By tradinglounge,
in Indices and Macro Events

Recommended Posts

tradinglounge Respected Contributor

tradinglounge

Posted
Posted

US Markets News Today: Stocks were little changed, stabilizing after a wild day of trading that sent Wall Street to its biggest losses in more than two years.
Elliott Wave Market Summary: Today will be a corrective bear market rally as Wave (c) of  ii) of C of (B) of C)
Day / Trend Trading Strategies: Next trade is shorting the Wave (c) of ii)

Video Chapters
00:00 S&P500 
14:09 NASDAQ 100 (NDX)
15:14 Russell 2000 (RUT) 
17:55 Dow Jones Industrial Average (DJI)
21:46 End. Thanks for supporting!

Analyst Peter Mathers TradingLounge™ 

 

Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
Go to topic listing

  • image.png

  • Posts

    • tradinglounge
      Cardano Crypto Price News Today Elliott Wave Technical Analysis 

      By tradinglounge · Posted

      Elliott Wave Analysis TradingLounge Daily Chart, Cadarno/ U.S. dollar(ADAUSD) ADAUSD Elliott Wave Technical Analysis  Function: Counter Trend Mode: Corrective Structure: Flat Position: Wave C Direction Next higher Degrees: wave (II) of Impulse Wave Cancel invalid level:  Details: Wave II Is equal to 61.8% of Wave I at 0.358 Cadarno/ U.S. dollar(ADAUSD)Trading Strategy: The second wave correction in the Expanded Flat pattern, where we are in the middle of a decline in Wave C, will have five extended internal sub-waves. But we still have one more decline left for Wave C to complete. So wait for the correction to complete to rejoin the trend. Cardano/ U.S. dollar(ADAUSD)Technical Indicators: The price is below the MA200 indicating a Dow trend, The Wave Oscillator is a Bearish Momentum.       Elliott Wave Analysis TradingLounge H4 Chart, Cadarno/ U.S. dollar(ADAUSD) ADAUSD Elliott Wave Technical Analysis  Function: Follow Trend Mode: Motive Structure: Impulse Position: Wave 4 Direction Next higher Degrees: wave C of Flat Wave Cancel invalid level:  Details: A short-term pullback in wave 4 before falling again in wave 5. Cardano/ U.S. dollar(ADAUSD)Trading Strategy: The second wave correction in the Expanded Flat pattern, where we are in the middle of a decline in Wave C, will have five extended internal sub-waves. But we still have one more decline left for Wave C to complete. So wait for the correction to complete to rejoin the trend. Cardano/ U.S. dollar(ADAUSD)Technical Indicators: The price is below the MA200 indicating a Dow trend, The Wave Oscillator is a Bearish Momentum. Technical Analyst : Kittiampon Somboonsod Source : Tradinglounge.com get trial here!    
    • Imam
      Theta Token Crypto Price News Today Elliott Wave Technical Analysis

      By Imam · Posted

      Longed with a lower lev🤞..
    • Imam
      From Rug Pull to Revival: Apu Coin's Inspiring Story

      By Imam · Posted

      Now, it's time to 🚀🚀    

Markets

Forex

Indices

Shares

Other markets

IG services

Spread betting

CFD trading

Share dealing

Trading platforms

Web platform

Trading apps

Advanced platforms

Compare features

About Us

How we support you

What we do with your money

How does IG make money?

Professional trading

Contact us

Post topic on Community

Browse Help and Support

Education on Academy

Tweet us @IGClientHelp

UK

IG | Sitemap | Terms and agreements | Privacy | How to fund | Cookies | About IG

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 69% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money. Professional clients can lose more than they deposit. All trading involves risk.

The value of shares, ETFs and ETCs bought through a share dealing account, a stocks and shares ISA or a SIPP can fall as well as rise, which could mean getting back less than you originally put in. Past performance is no guarantee of future results.

CFD accounts provided by IG Markets Ltd, spread betting provided by IG Index Ltd and share dealing and stocks and shares ISA accounts provided by IG Trading and Investments Ltd. IG is a trading name of IG Markets Ltd (a company registered in England and Wales under number 04008957), IG Index Ltd (a company registered in England and Wales under number 01190902) and IG Trading and Investments Ltd (a company registered in England and Wales under number 11628764). Registered address at Cannon Bridge House, 25 Dowgate Hill, London EC4R 2YA. IG Markets Ltd (Register number 195355), IG Index Ltd (Register number 114059) and IG Trading and Investments Ltd (Register number 944492) are authorised and regulated by the Financial Conduct Authority.

The information on this site is not directed at residents of the United States, Belgium or any particular country outside the UK and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

© 2003 - 2020

IG | Terms and agreements (UK) | Privacy (UK) | Cookies | Investors | Careers | Marketing partnership

×
×
  • Create New...
us