Jump to content

S&P 500 Index Elliott Wave | Bear Market Wave (3)


Recommended Posts

Stock Market SP 500, NASDAQ 100 NDX, Russell 2000 RUT. Dow Jones Industrial (DJI) Elliott Wave Technical Analysis and Trading Strategies.
US Markets News Today: tech shares leading the way down. The Nasdaq slid into the close losing 1.7%
Elliott Wave Market Summary: Preparing for short trades on the next corrective rally on Thursday and building short trades Friday if weakness is displaying.
Elliott Wave count:  Wave (3)
Day / Trend Trading Strategies: Waiting for the corrective rallies as Wave two....See video.

Video Chapters
00:00 S&P500 
06:53 NASDAQ 100 (NDX)
15:52 Russell 2000 (RUT)
21:00 Dow Jones (DJI)
24:41 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
  • image.png

  • Posts

    • Hi, Placed £200 in a Gold Future deal but when it slightly goes down in value my leftover funds are being used and my equity is raised. Why are my leftover funds being used? Can I not just put everything in gold and keep a 100% equity in the deal? wont loose money unless I sell right? 
    • Elliott Wave Analysis TradingLounge Daily Chart Cardano/ 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 Cardano/ U.S. dollar(ADAUSD)Trading Strategy: The second wave correction is likely to go down to test the 0.356 level before rising again in the third wave. Therefore, the overall picture is a short-term pullback to continue rising. Wait for the correction to complete to rejoin the trend. Cardano/ U.S. dollar(ADAUSD)Technical Indicators: The price is above the MA200 indicating a Downtrend, The Wave Oscillator is a Bearish Momentum. Elliott Wave Analysis TradingLounge H4 Chart, Cardano/ U.S. dollar(ADAUSD) LINKUSD Elliott Wave Technical Analysis Function: Follow Trend Mode: Motive Structure: Impulse Position: Wave 5 Direction Next higher Degrees: Wave ((C)) of Zigzag Wave Cancel invalid Level: 81.238 Details: The Five-Wave Decline of Wave ((C)) trend to test 11.582 Level Cardano/ U.S. dollar(ADAUSD)Trading Strategy: The second wave correction is likely to go down to test the 0.356 level before rising again in the third wave. Therefore, the overall picture is a short-term pullback to continue rising. Wait for the correction to complete to rejoin the trend. Cardano/ U.S. dollar(ADAUSD)Technical Indicators: The price is above the MA200 indicating a Downtrend, The Wave Oscillator is a Bearish Momentum. Technical Analyst : Kittiampon Somboonsod  Source : Tradinglounge.com get trial here!    
    • Hi Guys, Quick and short question.  I want to purchase gold and hold it for the long term and not look at it for some time, maybe even years. Is doing this in spot trading possible? I just want to be able to purchase it and hold it in my account like you would physically but on IG and online as its safer of course than storing gold in your home like Smaug.    Bests.
×
×
  • Create New...
us