S&P 500 Elliott Wave Analysis of Trump... China, You're Fired!

 

Wow, what a week!

Trump Tweets and the market goes wild! I don't know, maybe it's time for me to sign up for a Twitter account??? Nah!

Well, the market had a lot of back and forth this week - trapping both longs and shorts. There were some pretty good trading opportunities... Of course, there is usually more opportunity when there is volatility. The VIX has been ranging between 16 and 23. Not explosive volatility but better than when it was hanging around 12.

In this week's video I cover Elliott Wave, my bullish count and my bearish count - which one I'm leaning more towards. I also am reviewing the Market Profile Charts and what to watch for on Monday.

 

 

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