15Mar

Mastering Market Movements: Navigating Dips with Elliott Wave Analysis for Optimized Trading Strategies

PeterM | 15 Mar, 2024 | stock market, sp500, SPX, nasdaq 100, NDX, russell 2000, RUT, dax 40, ftse100, asx200, analysis, news, trading, elliott wave, technical analysis, prediction, SPY, ETF, investing, day trading, trading strategy, economy, news, analysis, invest, trading, news, investing, etfs | Indices | 0 Comments | Return|

Stock Market Report S&P 500,  NASDAQ 100,  RUSSELL 2000,  DAX 40,  FTSE 100,  ASX 200. Elliott Wave Technical Analysis
Update on Elliott Wave Analysis: A favorable Core PPI bodes well for the USD, leading to higher yields, lower bonds, and a stronger dollar which impacts various stocks either positively or negatively. Despite this, indices and stocks are on an upward trend in the primary movement, and I plan to stick with this direction. The key lies in managing the downturns, which is the focus of this video. It details when and how to purchase during a dip with the initial Elliott wave impulse wave upward. For continued optimism, we need the US indices to show positive momentum in Friday morning's session. Without it, according to Elliott wave terminology, we might be entering a more significant correction phase, Wave 4 of (3), a position the DAX 40 is nearing.

Video Chapters
00:00 SP 500 (SPX)
09:07 NASDAQ (NDX)
11:46 Russell 2000 (RUT)
13:05 DAX 40 (DAX)
17:04 FTSE 100 UKX (UK100)
20:09 ASX 200 (XJO)
26:50 End

See previous Video: Elliott Wave Analysis SP500

Special Offer - 0.76 Cents a Day for 3 Months!  Click here

Related

Reliance Industries' Stock Performance and Reliance Elliott Wave Technical Analysis includes Key Insights into the Current Trends

Reliance Industries' Stock Performance and Reliance Elliott Wave Technical Analysis includes Key Insights into the Current Trends

Ranjeet | 0 Comments

This analysis provides a detailed overview of Reliance Industries' stock performance using Ellio...

Read More >
ETHUSD Technical Outlook: Ethereum Elliott Wave Crypto Price News Today Technical Analysis

ETHUSD Technical Outlook: Ethereum Elliott Wave Crypto Price News Today Technical Analysis

Ranjeet | 0 Comments

Discover comprehensive Ethereum price analysis and technical forecasts, including ETHUSD Elliott Wav...

Read More >
Costco Stock Market Trends and Prepare for Possible Corrections: Costco Wholesale Corp. (COST) Elliott Wave Technical Analysis

Costco Stock Market Trends and Prepare for Possible Corrections: Costco Wholesale Corp. (COST) Elliott Wave Technical Analysis

Ranjeet | 0 Comments

Explore our latest Elliott Wave analysis for Costco Wholesale Corp. (COST) to uncover potential trad...

Read More >
RUSSELL 2000 Elliott Wave Technical Analysis: Identifying Key Market Trends and Forecasting Future Movements

RUSSELL 2000 Elliott Wave Technical Analysis: Identifying Key Market Trends and Forecasting Future Movements

Ranjeet | 0 Comments

The Russell 2000 Elliott Wave analysis with daily and weekly charts, A comprehensive look at the mar...

Read More >
Cocoa Market Forecast 2024: Elliott Wave Technical Analysis, Trends, and Trading Opportunities

Cocoa Market Forecast 2024: Elliott Wave Technical Analysis, Trends, and Trading Opportunities

Ranjeet | 0 Comments

This analysis delves into the 2024 cocoa market using Elliott Wave theory. It highlights recent pric...

Read More >
Ethereum/ U.S. dollar(ETHUSD) Elliott Wave Technical Analysis: Potential Upside Moves in Ethereum's Uptrend

Ethereum/ U.S. dollar(ETHUSD) Elliott Wave Technical Analysis: Potential Upside Moves in Ethereum's Uptrend

Ranjeet | 0 Comments

This post provides detailed Elliott Wave analysis for Ethereum against the US dollar (ETHUSD), focus...

Read More >

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.

Read more

@Copyright 2024 by tradinglounge.com

Quick Links

Contact Us

Australian no: 02 4787 6020

International no: +61 (2) 47876020

Pay with:

Find us on