Analysis of the Technical SP 500 [SPX] Elliott Wave NASDAQ (NDX) is a stock that trades on the New York Stock Exchange S&P500: AMZN, GOOG, AAPL, SQ, FB, TSLA Technical Evaluation: The Nasdaq 100 is predicted to hit 15,000 (medium level), at which point we will profit. The next goal for the SP500 is 4500 S&P 500 if the top of Minor Group 1 4300 develops as tested support. Elliott Wave Analysis: Wave (iii) of Wave (iii) of Wave (iv) of Wave (v) of Wave (v) of Wave (v) of Wave ( (3) SP500 TradingLevels: 4500 and 4800 SP500 TradingLevels: 4500 and 4800 SP500 TradingLevels: 4500 and 4800 SP500 TradingLevels: Minor Level 4,300 is also the peak of Minor Group 1. The support for the next Minor Level 4,500 (mTL5|4500) will be determined by a Classic TradingLevels pattern tested at this level, with our shorter term objective at 4400.
Trading Strategy for the S&P 500 Index: Our two SP500 long trades are profitable, and our stock transactions are also profitable.
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