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| Name | SP500 Technical Analysis 7-2-24 (Elliott Wave Theory) |
| Video Uploader | Video From Invest With Jacob |
| Upload Date | This Video Uploaded At 02-07-2024 10:00:10 |
| Video Discription | WEBSITE LINK: https://www.investwithjacob.com INSTAGRAM LINK: https://www.instagram.com/investwithjacob 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 the market tried to drop below support then chops in range for the rest of the day. We have key parameters and setups. This week is notoriously bullish but the bears do have a downside setup below 5520 then 5510. This only fires with continuation and not a spike and reverse like we have seen. If the bulls can bounce back above 5560 then we likely have new ATHs incoming. NASDAQ Technical Analysis Shifting our attention to the NASDAQ, using Elliott Wave Theory the NQ we had a look above and fial last week that dropped us down in 5 waves. Now the bears need to follow through. However, we have conflicting data as this is normally a bullish week. Below 19716 and we can see an acceleration in selling to the downside start. Any bounces back over 20100 likely lead us back towards ATHs 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 Instagram and our website linked above. #investwithjacob #elliottwavetheory #sp500technicalanalysis [9b3WNV1UvVg] |
| Category | Education |
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