SP500 Technical Analysis 6-12-23 (Elliott Wave Theory)

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

SP500 technical analysis and NASDAQ analysis for today June 12th using Elliott Wave Theory- The market gets within a couple points of the target then sells off. Are the bears back?

SP500 Technical Analysis

SP500 technical analysis is telling us that the SP500 broke out over the highs and raced to 4321 just 4 points shy of the target. From there is told off for the rest of the day. Now if it can hold 4265 we would expect one more push toward the 4340-4360 area.

However, if they fail at 4265 then 4247 it could be look out below.

NASDAQ Analysis

NASDAQ analysis is telling us that the NASDAQ rallied but couldn't break it's wave 3 high. It can still push toward the 14900-15000 area to complete the move up.

However, a break below 14675 and then follow through below 14425 would be signal of a potential top.

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

Видео SP500 Technical Analysis 6-12-23 (Elliott Wave Theory) канала Invest With Jacob