Elliott Wave Market Update: Navigating Corrections and Stability Ahead of Easter

28Mar

Elliott Wave Market Update: Navigating Corrections and Stability Ahead of Easter

PeterM | 28 Mar, 2024 | Elliott Wave Theory, stock market, trading strategies, market analysis, holiday trading, volume trends, market corrections, bullish trends, S&P 500, NASDAQ 100, RUSSELL 2000, DAX 40, FTSE 100, ASX 200, long positions, impulse waves | 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: Lower volume heading into Easter holidays, creating corrective patterns in a toppy market, however the main trend is structurally stable regarding Elliott Impulse waves. We won’t add to current long positions into the holiday break, as we need to manage the current softness in these markets. The RUT, FTSE, DAX and ASX200 appear to be strong, however they will fall into small corrective pattern later in the next session. But we will hold longs through this.

Video Chapters
00:00 SP 500 (SPX)
10:20 NASDAQ (NDX)
14:14 Russell 2000 (RUT)
14:48 DAX 40 (DAX)
19:33 FTSE 100 UKX (UK100)
22:58 S&P/ASX 200 (XJO)
27:23 End

See previous Video: Elliott Wave Analysis SP500

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