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SP500 Technical Analysis Elliott Wave Forecast & Trading
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S&P500 Technical Analysis: 4500 is the next minor level of resistance, once that becomes the support then 4800 is the next level.
TradingLounge's Bullish Weekly Cycle would have Thursday as bearish and Friday and Monday as bullish work this with the Elliott wave count.
Thursday afternoon session should see the market firming up for the run up, work this in to the TradingLevels
S&P 500 Elliott Wave iv of (iii) of iii) of 5 of (3) ( Alt count Wave 2 Retracement 4500)
NASDAQ Elliott Wave (iii) of v) of 5 of (3)
Russell 2000 Elliott Wave (iii) of iii) of 5 of (3)
SP500 TradingLevels: MinorLevel 5 4500 then Minor Group2 4650|4772|4800
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SP500 Trading Strategy: Risk On
NASDAQ 100 Trading Strategy: Risk On
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