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SP500 Technical Analysis 10-23-24 (Elliott Wave Theory)
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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 went for the breakdown again only to be bought back up. As long as we hold 5850 then pressure remains up to the 6007 then 6076 area.
If the market breaks down below 5850 then we may test 5725. Break that and the trap door could come out.
NASDAQ Technical Analysis
Shifting our attention to the NASDAQ, using Elliott Wave Theory the NQ also traded sideways and failed to breakdown or out and now is coiling for a big move. Is that move going to breakout to 21000+ or are we breaking down below last weeks low to the 20000 area or potentially 19200-500
A break of 19000 would be a major warning to the bulls.
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
INSTAGRAM LINK:
INDICATOR LINK:
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 went for the breakdown again only to be bought back up. As long as we hold 5850 then pressure remains up to the 6007 then 6076 area.
If the market breaks down below 5850 then we may test 5725. Break that and the trap door could come out.
NASDAQ Technical Analysis
Shifting our attention to the NASDAQ, using Elliott Wave Theory the NQ also traded sideways and failed to breakdown or out and now is coiling for a big move. Is that move going to breakout to 21000+ or are we breaking down below last weeks low to the 20000 area or potentially 19200-500
A break of 19000 would be a major warning to the bulls.
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
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