Charting the S&P 500: 5th wave nears completion - Tip TV

The highlight of today’s opening segment is Alessio Rastani’s Elliot Wave Analysis of the S&P 500. Rastani from LeadingTrader.com says the 5th wave higher is nearing completion and one could initiate short positions in the range of 2390-2400.

“Traders should look out for bearish divergence,” says Rastani. He also talks about this outlook for EUR/USD.

Also discussed is Broker Recommendations, trade Idea, Oanda Forex market sentiment, economic calendar and most popular stories in business/finance.

#S&P500, #indices, #stocks, #equities, #trading, #ElliotWave, #trading, #markets, #investing, #forex, #commodities, #technicals, #fundamentals, #macro