25Jul

Elliott Wave Analysis: Long Trades, S&P 500, NASDAQ 100, RUSSELL 2000, DAX 40, FTSE 100, ASX 200.

Explore the latest Elliott Wave Technical Analysis for major indices like S&P 500, NASDAQ 100, RUSSELL 2000, DAX 40, FTSE 100, ASX 200, DJI. Discover potential long trade opportunities as the next Elliott wave impulse wave commences, projecting new highs for US indices. Read on for detailed wave counts and insights.


The stock market's current outlook presents promising opportunities for traders, particularly in major indices such as the S&P 500, NASDAQ 100, RUSSELL 2000, DAX 40, FTSE 100, and ASX 200, among others. As per our Elliott Wave Analysis, the next impulse wave is set to begin an upward trajectory, signaling potential long trades in the US market.

In the S&P 500, we observe the development of Wave iii of (v) of v) of 3 of (3), while the NASDAQ 100 shows Wave iii of (v) of v) of 3 of (3) in progress. The RUSSELL 2000 is currently undergoing Wave (v) of v) of 3, while the DAX 40 reflects Wave (v) of v) of 3.

For the FTSE 100 and ASX 200, we are witnessing Wave i of (v) of i) unfolding, creating further bullish sentiments. As the current impulse wave gains momentum, traders may find potential long trade opportunities across these indices.

It's essential to keep a close eye on the completion of the current impulse wave, as a larger Minor degree wave four is expected to come into play. This correction might offer additional trading opportunities in the future.

In summary, the Elliott Wave Analysis points towards an upward movement in major indices like the S&P 500, NASDAQ 100, RUSSELL 2000, DAX 40, FTSE 100, and ASX 200, indicating potential long trade prospects. Traders are advised to stay vigilant as the current impulse wave concludes and a larger wave four correction takes shape.

Video Chapters
00:00 SP 500 (SPX) (SPY ETF)
08:56 NASDAQ (NDX)
10:34 Dow Jones IND (DJI) XLI ETF
11:25 Russell 2000 (RUT)
12:11 DAX 40 (DAX)
14:30 FTSE 100 UKX (UK100)
16:32 ASX 200 (XJO)
18:12 End


Analyst Peter Mathers TradingLounge™ Australian Financial Services Licence - AFSL 317817
Source: tradinglounge.com   Access Trial

Related

Theta Token / U.S. dollar(THETAUSD) Elliott Wave Technical Analysis 24 November 23

Theta Token / U.S. dollar(THETAUSD) Elliott Wave Technical Analysis 24 November 23

Theta Token / U.S. dollar(THETAUSD) Elliott Wave Technical Analysis 24 November 23, Theta Token/U.S....

Read More >
Gain expert insights into Dogecoin's market Crypto Price: DOGEUSD Elliott Wave Technical Analysis

Gain expert insights into Dogecoin's market Crypto Price: DOGEUSD Elliott Wave Technical Analysis

trends with our comprehensive Elliott Wave analysis. Learn about DOGEUSD technical analysis, trading...

Read More >
URA Elliott Wave Analysis: Detailed Uranium ETF Forecast, Market Trends, and Long-Term Buying Opportunities in the Uranium Sector

URA Elliott Wave Analysis: Detailed Uranium ETF Forecast, Market Trends, and Long-Term Buying Opportunities in the Uranium Sector

This URA Elliott Wave analysis provides an in-depth look at the Global X Uranium ETF (URA) and its t...

Read More >
Newmont Corporation ASX: NEM Elliott Wave Analysis Reveals Bullish Price Targets and Trading Signals for Gold Stock Investors

Newmont Corporation ASX: NEM Elliott Wave Analysis Reveals Bullish Price Targets and Trading Signals for Gold Stock Investors

Elliott Wave analysis for Newmont Corporation (ASX: NEM), highlighting key price targets, bullish st...

Read More >
The Procter & Gamble Company (PG) Elliott Wave Technical Analysis 9 February 24

The Procter & Gamble Company (PG) Elliott Wave Technical Analysis 9 February 24

Delve into the world of trading with a comprehensive analysis of Procter & Gamble (PG) stock using E...

Read More >
DOTUSD Elliott Wave Analysis: Polkadot Crypto Price Predictions, Technical Indicators, and Enhance Your Trading Strategy

DOTUSD Elliott Wave Analysis: Polkadot Crypto Price Predictions, Technical Indicators, and Enhance Your Trading Strategy

This article provides a detailed Elliott Wave analysis of DOT/USD, offering insights into Polkadot’...

Read More >

$1 for 2 Weeks

then $29 a month!

What a Special Offer!

Trade Recommendations

Unleash the power of deversified trading with our comprehensive portfolio, covering 250+ markets:

  • Stock Trades
  • Crypto Trades
  • Forex Trades
  • Commodity Trades
Elliott Wave Analysis

Gain a competitive edge with expert insights and AI-powered Elliott Wave charting into:

  • Global Indices
  • US Stocks & ASX Stocks
  • Forex & Crypto
  • Commodities
Top-Notch Trading Tools

Equip yourself with the tools of success:

  • Real-time Chat rooms
  • Elliott Wave Algorithm
  • Portfolio tools
  • TradingLevels
  • Screener
  • 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.

Read more

@Copyright 2024 by tradinglounge.com

Contact Us

Australian no: 02 4787 6020

International no: +61 (2) 47876020

Pay with:

Find us on