Elliott Wave Analysis: US, Euro, and Asian Indices Poised for Growth

04Jul

Elliott Wave Analysis: US, Euro, and Asian Indices Poised for Growth

S&P 500, SPY, NASDAQ 100, QQQ:
- Current Status: These indices are advancing towards higher levels as indicated by the Elliott wave count.
- Trading Strategy: Maintain long positions for the US markets.

Euro and Asian Indices:
- Recent Movement: These indices have rebounded from their lows, presenting the initial Elliott Impulse wave upward.
- SPY and QQQ:
- The current impulse wave is still developing.
- Patience is essential as we wait for them to peak and turn lower.
- Plan to trade long on wave B of a Classic Trading Levels Pattern (CTLP).

Upcoming Trade Setup:
- Timing: Anticipate the next long trade setup to occur late Thursday or early Friday.
- Action: If Friday closes strongly, hold positions into the following week.

Video Chapters
00:00 SP 500 (SPX), SPY ETF
15:40 NASDAQ (NDX), QQQ ETF
23:25 Russell 2000 (RUT) IWM ETF
25:19 DAX 40 (DAX)
29:58 FTSE 100 UKX (UK100)
32:10 S&P/ASX 200 (XJO)
37:16 End

Analyst Peter Mathers TradingLounge

See previous Video: Elliott Wave Analysis SP500
Huge 66% Discount for 3 Months Join here tradinglounge

Unlocking ASX Trading Success: WISETECH GLOBAL LIMITED – WTC Stock Analysis & Elliott Wave Technical Forecast

Ranjeet | 0 Comments

This article provides an in-depth Elliott Wave technical analysis of Wisetech Global Limited (WTC) o...

Shanghai Composite Elliott Wave Analysis: Bullish Wave 3 in Progress Across Daily and Weekly Charts for Trading Insight

Ranjeet | 0 Comments

Elliott Wave analysis of the Shanghai Composite identifies a bullish Wave 3 pattern in both daily an...

Get expert predictions on natural gas price direction: Natural Gas Commodity Elliottwave Technical Analysis

Ranjeet | 0 Comments

This article analyses natural gas prices using Elliott Wave Theory, exploring the current bullish co...

Unlocking ASX Trading Success: ASX LIMITED – ASX Stock Analysis & Elliott Wave Technical Forecast

Ranjeet | 0 Comments

Our latest Elliott Wave analysis on ASX Limited provides valuable insights into stock market trends ...

Understanding these trends and corrections: Soybean Elliott Wave Technical Analysis

Ranjeet | 0 Comments

The Elliott wave Technical analysis of Soybean suggests a corrective bounce within the broader conte...

AAVEUSD Elliott Wave Analysis & Price Prediction: Key Support Levels, Trading Strategies, and Market Trends

Ranjeet | 0 Comments

AAVE Elliott Wave forecast, highlighting key price levels, trading strategies, and potential market ...

$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.

Quick Links

Contact Us

Australian no: 02 4787 6020

International no: +61 (2) 47876020

Pay with:

Find us on