Elliott Wave Trading Strategies: SP500, NASDAQ 100, DAX 40, FTSE 100, ASX 200 – Daily Market Outlook


Unlock Premium Elliott Wave Analysis for $1

✅ Try TradingLounge for just $1 for two weeks, then only $29/month (SAVE 58%!)
📈 Gain access to 8 professional analysts, real-time chat, AI-powered Elliott Wave charts, and strategic trade setups for 250+ markets.
👉 Start Your Trial Now


Stay Ahead: 7 Expert Market Blogs Daily

Subscribe to our Elliott Wave newsletter and get actionable updates covering major indices, forex, crypto, and commodities — delivered daily.


📊 Elliott Wave Analysis & Forecasts: S&P 500, NASDAQ 100, DAX 40, FTSE 100, ASX 200

Market Summary:

Current structure: Wave (iii) of c) of 4 of (1)
The US indices show varied short-term structures, but medium-term trends are expected to align.


🌐 Index-Specific Elliott Wave Counts:

S&P 500 (SPX)
📉 Position: Wave (v) of v) of 3 of (1)
Outlook: Potential final push higher before Wave 4 correction.

NASDAQ 100 (NDX)
📉 Position: Wave (v) of v) of 3 of (1)
Outlook: Aligning closely with SPX, expect possible short-term rally followed by consolidation.

DAX 40 (Germany)
📉 Position: Wave a) of 4 of (1)
Outlook: Entering corrective phase, watch for pullback targets.

FTSE 100 (UKX)
📉 Position: Wave a) of 4 of (1)
Outlook: Similar to DAX, currently in corrective territory.

ASX 200 (XJO - Australia)
📉 Position: Wave (v) of v) of 3 of (1)
Outlook: Likely continuation to complete current wave count.


🗓 Upcoming Economic Events to Watch

  • June 19Juneteenth Holiday (US Markets Closed)

  • *Bank of England Interest Rate Decision (UK)


🎥 Video Chapters – Watch Today’s Elliott Wave Breakdown

  • 00:00 – S&P 500 (SPX), SPY, ES Futures

  • 13:24 – NASDAQ 100 (NDX), QQQ, NQ Futures

  • 18:39 – DAX 40 (DAX)

  • 21:00 – FTSE 100 (UKX)

  • 24:32 – ASX 200 (XJO), SPI Futures


👤 About the Analyst

Peter Mathers – TradingLounge
A leading expert in Elliott Wave trading, Peter delivers clear, actionable forecasts and market strategies for both novice and professional traders.


🔗 Useful TradingLounge Resources

Try TradingLounge for just $1 for two weeks, then only $29/month (SAVE 58%!)
📈 Gain access to 8 professional analysts, real-time chat, AI-powered Elliott Wave charts, and strategic trade setups for 250+ markets.
👉 Start Your Trial Now

Related

The Coca-Cola Company (KO) Stock Forecast - KO Stocks Elliott Wave Technical Analysis & Price Prediction

The Coca-Cola Company (KO) Stock Forecast - KO Stocks Elliott Wave Technical Analysis & Price Prediction

This Coca-Cola (KO) stock forecast provides detailed Elliott Wave analysis using daily and 1-hour ch...

Read More >
Unlocking ASX Trading Success: V300AEQ ETF UNITS – VAS Stock Analysis & Elliott Wave Technical Forecast

Unlocking ASX Trading Success: V300AEQ ETF UNITS – VAS Stock Analysis & Elliott Wave Technical Forecast

This article provides an in-depth Elliott Wave technical analysis of the ASX VAS ETF Units, highligh...

Read More >
AXIS BANK LTD. Elliott Wave Analysis: Share Price Forecast, Technical Trends, and Key Support & Resistance Levels

AXIS BANK LTD. Elliott Wave Analysis: Share Price Forecast, Technical Trends, and Key Support & Resistance Levels

AXIS BANK stock analysis using Elliott Wave theory. This article covers share price forecasts, techn...

Read More >
Walmart Inc. Stock Technical Forecast Using Elliott Wave: Bullish Wave (iii) Setup Validates Breakout Potential in WMT Price Chart

Walmart Inc. Stock Technical Forecast Using Elliott Wave: Bullish Wave (iii) Setup Validates Breakout Potential in WMT Price Chart

This analysis explores Walmart's (WMT) bullish outlook using Elliott Wave theory, identifying a ...

Read More >
Bitcoin (BTCUSD) Elliott Wave 3 Forecast: Swing Trade Setup & Price Targets with Key Support, Breakout Alert & Invalidation Level

Bitcoin (BTCUSD) Elliott Wave 3 Forecast: Swing Trade Setup & Price Targets with Key Support, Breakout Alert & Invalidation Level

Elliott Wave breakdown for BTCUSD targeting wave 3 upside. Includes correction zones at $107.2K–$10...

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