.png)
WEBSITE LINK:
https://www.investwithjacob.com
INSTAGRAM LINK:
https://www.instagram.com/investwithjacob
MOTLEY FOOL STOCK ADVISOR LINK:
https://tidd.ly/3m3O16i
I personally use Motley Fool for my long term portfolio and it has delivered incredible results. At only $99 per year it is far and away the best deal you could possibly get for building a long term portfolio. Full disclosure, I do get a commission when you buy through my link but it helps support my channel so I can continue put out great content
Welcome to the captivating world of SP500 technical analysis, where we unlock the secrets of the market using Elliott Wave Theory. Join us on this journey as we delve into the latest insights and trends shaping today's trading session.
SP500 Technical Analysis
In our SP500 technical analysis using Elliott Wave Theory We are seeing the push down in what could be the start of iii of C. If that is the case we will look for 1 of iii to target the 4500-4490 area and then look for a strong bounce back to the 4430 region as it does appear to be a diagonal. If they can take out last weeks low that is a strong start.
If the bulls can take back control They will need to push back over 4570 and form a diagonal pattern (ABC) towards the 4625 area.
NASDAQ Technical Analysis: Navigating Market Waters
Shifting our attention to the NASDAQ, we saw the market move down off of yesterday's high and give us a wave 1 of iii of C. IF they are going to continue the bears need to hold Monday's high and break last weeks low. If they do that 14600 comes into view.
But here's where it gets interesting: The bulls can still take back control with a strong push through the 15525 area.
Stay Informed with Elliott Wave Theory
As we continue our journey through SP500 and NASDAQ technical analysis, guided by the powerful Elliott Wave Theory, our goal is to keep you well-informed about the market's ever-evolving trends and the abundant opportunities it offers. Think of it as having a trusty compass in the vast sea of trading, helping you navigate through the dynamic landscape of today's financial markets.
So, stay tuned for more updates and insights, and may your trading journey be as thrilling as the markets themselves.
SP500 technical analysis and NASDAQ analysis using Elliott Wave Theory is the most accurate way to define targets for the market. Check us out on Facebook and our website linked above.
#investwithjacob #elliottwavetheory #sp500technicalanalysis
Did you miss our previous article...
https://trendinginbusiness.business/trending-videos/the-top-stock-to-invest-in-apples-200-billion-loss-instacarts-preipo-crash-amp-biden-vs-china
