Elliott Wave Zig-Zag or New Impulse? | S&P500 VIX Elliott Wave U.S. Market Update
Elliott Wave Zig-Zag or New Impulse
Was July’s S&P rally a Zig-Zag Corrective move posing as a relief rally… or are we truly seeing the initial waves of a 5 wave Impulse move to the upside?
The lack of volume supporting this move hasn’t been convincing so far, however if interest rates find some support, we may yet have the conditions needed for a continued move higher.
Check out Rob’s latest analysis of key Elliott Wave levels for next week’s market activity!
Sections in this Video:
00:00 – Intro
01:39 – SPY
06:37 – Interest Rates
08:28 – US Dollar
09:58 – VIX
11:02 – DIA
12:04 – QQQ
12:56 – IWM
13:45 – AAPL (Apple)
15:23 – TSLA (Tesla)
16:17 – AMZN (Amazon)
18:02 – EWA (Australia)
19:06 – EWC (Canada)
19:44 – INDA (India)
20:34 – EWG (Germany)
21:26 – GLD
22:38 – TradeFinder

By EWO TraderPublished On: July 30, 20220 Comments on Elliott Wave Zig-Zag or New Impulse? | S&P500 VIX Elliott Wave U.S. Market Update