Today's Stock Market Indices Overview
S&P 500, SPY, NASDAQ 100, QQQ, RUSSELL 2000, DAX 40, FTSE 100, ASX 200. Featuring Elliott Wave Technical Analysis
Elliott Wave Analysis Indices: Triple Witching Friday 21 June
- SP500 and NASDAQ 100: Both indices are in Elliott Wave v of (iii) of iii) of 3 of (5) of 3) of I. The ETFs SPY and QQQ share the same pattern.
- RUT (IWM), DAX, and FTSE 100: These indices are struggling to lift off lows. They may need another low to complete their corrective patterns. We are looking for long trade setups if certain levels are met.
- ASX 200: Needs to develop support at 7800 to confirm an uptrend and avoid a larger Elliott Wave Triangle pattern.
Trading Strategies:
- Holding long positions in SP500, NASDAQ, SPY, and QQQ, which are currently the best trade positions.
Video Chapters
00:00 SP 500 (SPX), SPY ETF
07:27 NASDAQ (NDX), QQQ ETF
13:39 Russell 2000 (RUT) IWM ETF
15:15 DAX 40 (DAX)
16:33 FTSE 100 UKX (UK100)
19:18 S&P/ASX 200 (XJO)
25:39 End
Analyst Peter Mathers TradingLounge
See previous Video: Elliott Wave Analysis SP500 & NASDAQ
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