Market Indices in Focus: Elliott Wave Analysis and Trade Strategy Amid S&P 500 Decline

04Sep

Market Indices in Focus: Elliott Wave Analysis and Trade Strategy Amid S&P 500 Decline

PeterM | 04 Sep, 2024 | Elliott Wave, stock market analysis, trade strategy, S&P 500, NASDAQ 100, ASX 200, DAX 40, FTSE 100, Wave 2 correction, long trade setup, technical analysis, global indices, market trends, investing, trading | Indices | 0 Comments | Return|

S&P 500 experienced its sharpest decline since the August drop as U.S. manufacturing shrank for the fifth consecutive month, while a surge in corporate bond issuance made it the busiest day on record.

Stock Market Indices Overview:
S&P 500, NASDAQ 100, RUSSELL 2000, DAX 40, FTSE 100, ASX 200. Featuring Elliott Wave Technical Analysis.

Elliott Wave Analysis for Indices:
Many indices are in Intermediate Wave (2) corrections. While the S&P 500 and NASDAQ 100 have different tops for Wave (1), we anticipate Wave (2) to complete simultaneously across the SP500, DAX 40, FTSE 100, and ASX 200. Our strategy is to go long after the first upward impulse wave from the Wave (2) low, setting up a favorable long trade.

Video Chapters
00:00 SP 500 (SPX)
08:17 NASDAQ (NDX)
11:54 Russell 2000 (RUT) IWM ETF
13:03 DAX 40 (DAX)
16:13 FTSE 100 UKX (UK100)
17:23 S&P/ASX 200 (XJO)
22:39 End

Analyst Peter Mathers TradingLounge
See previous Video: Elliott Wave Analysis SP500 & More...

Special Offer - Buy 1 Month & Get 3 Months - Bonus Click here tradinglounge.com/341

Bitcoin/ U.S. dollar(BTCUSD) Elliott Wave Technical Analysis: Potential Impulse Structure Signals Uptrend Momentum

Ranjeet | 0 Comments

Discover the most recent BTCUSD analysis utilizing Elliott Wave principles as, signaling bullish mom...

Elliott Wave Technical Analysis & Trading Strategies: SP500, NASDAQ 100, Apple, Tesla, Amazon, Nvidia, Microsoft, Meta, Netflix, Alphabet, Bitcoin

PeterM | 0 Comments

In this Elliott Wave technical analysis, we examine key markets and stocks, including the SP500, NAS...

Polkadot Crypto Price News Today Elliott Wave Technical Analysis: Price Trends, Key Levels, and Trading Insights

Ranjeet | 0 Comments

Get a comprehensive DOT/USD Elliott Wave analysis, including technical insights and price forecasts....

Australian Dollar/U.S.Dollar (AUDUSD) Elliott Wave Technical Analysis 9 January 24

Ranjeet | 0 Comments

AUDUSD Elliott Wave Analysis dated 9 January 24, provides a comprehensive analysis of the Australian...

Copper Commodity Elliott Wave Technical Analysis: Market Trends, Forecasts, and Trading Strategies

Ranjeet | 0 Comments

Get the latest copper prices and in-depth Elliott Wave analysis. Our article covers copper market tr...

Market Dynamics and Future movements on S&P/TSX 60 Index Elliott Wave Technical Analysis

Ranjeet | 0 Comments

The S&P/TSX 60 Elliott Wave analysis provides a comprehensive look at the day and weekly charts, foc...

Buy 1 Month

Get 3 Months!

Special Offer:

Trade Recommendations

Unleash the power of deversified trading with our comprehensive portfolio, covering:

Stock Trades
Crypto Trades
Forex Trades
Commodity Trades

Elliott Wave Analysis

Gain a competive edge with expert insights in to:

Global Indices
US Stocks & ASX Stocks
Forex & Crypto
Commodities

Top-Notch Trading Tools

Equip yourself with the tools of success:

Social Chat
Elliott Wave Algorithm
Screener
TradingLevels
Trading Game

7 Elliott Wave Analysts

Stay ahead of the market with daily charts and insightful videos
-Your secret to strategic trading!

JOIN HERE

Welcome to TradingLounge (ASIC A.R.No. 321187), specialists in trades, trading education and technical analysis, covering stocks, indices, commodities, forex and cryptocurrencies.

When you join TradingLounge you have access to everything we offer, including trade tools, educational content and a social platform to chat with like-minded investors.

Quick Links

Contact Us

Australian no: 02 4787 6020

International no: +61 (2) 47876020

Pay with:

Find us on