19Jul

Master the Market: Elliott Wave Analysis for SP500, NASDAQ 100, RUSSELL 2000, DAX 40, FTSE 100, ASX 200

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: SP500 and NASDAQ 100 S&P 500 (SPX) and NASDAQ 100 (NDX): These indices show distinct corrective patterns. Today, we'll explore two alternative corrective counts: one indicating the low is already in place, and another suggesting the corrective pattern could double in size. It's crucial to exercise caution, especially for long positions. We'll discuss optimal entry points and stop placements to manage risks effectively.
Russell 2000 (RUT)

Current Status: The Russell 2000 is completing Wave (iv) and is expected to move higher. We will maintain our long positions.
European Markets: DAX 40 and FTSE 100

Current Status: The European markets have yet to complete intermediate Wave (4). The patterns remain choppy, making it challenging to provide trade recommendations at this time.
ASX 200

Medium-Term Outlook: The ASX 200 is anticipated to trade above and below the 8000 level in a series of Wave 4s, gradually edging higher. We will stay long in this market.

Video Chapters 
00:00 SP 500 (SPX), SPY ETF
04:15 NASDAQ (NDX), QQQ ETF
10:00 Russell 2000 (RUT) IWM ETF
12:30 DAX 40 (DAX)
19:32 FTSE 100 UKX (UK100)
21:09 S&P/ASX 200 (XJO)
32:16 End

Analyst Peter Mathers TradingLounge
See previous Video: Elliott Wave Analysis SP500 

Special Offer  -  Buy 1 Month & Get 3 Months - Bonus Click here

Related

Insurance Australia Group (ASX:IAG) Elliott Wave Forecast: Chart Analysis, Price Targets, Resistance Levels & Trading Strategy

Insurance Australia Group (ASX:IAG) Elliott Wave Forecast: Chart Analysis, Price Targets, Resistance Levels & Trading Strategy

ASX: IAG shows signs of completing wave B-grey in an Expanded Flat. Expect resistance before a possi...

Read More >
State Bank of India (SBIN) Stock Analysis: Elliott Wave Technical Insights and Price Predictions

State Bank of India (SBIN) Stock Analysis: Elliott Wave Technical Insights and Price Predictions

State Bank of India (SBIN) is undergoing critical movements based on Elliott Wave analysis. The stoc...

Read More >
U.S. Dollar/Japanese Yen Forex Elliott Wave Technical Analysis: Watch for Optimal USDJPY Trading Insights.

U.S. Dollar/Japanese Yen Forex Elliott Wave Technical Analysis: Watch for Optimal USDJPY Trading Insights.

This analysis of USDJPY offers a comprehensive look at the Elliott Wave forecast, examining current ...

Read More >
Understand BNB Crypto Market, Price Movements and Future Outlook - BNBUSD Elliott Wave Technical Analysis

Understand BNB Crypto Market, Price Movements and Future Outlook - BNBUSD Elliott Wave Technical Analysis

Get the latest BNBUSD price prediction and in-depth Elliott Wave analysis of Binance Coin. Our analy...

Read More >
U.S.Dollar /Canadian Dollar(USD/CAD) Elliott Wave Technical Analysis: Unveils USD/CAD Trading Strategies

U.S.Dollar /Canadian Dollar(USD/CAD) Elliott Wave Technical Analysis: Unveils USD/CAD Trading Strategies

Expert Elliott Wave analysis provides valuable insights into trading strategies for the USD/CAD curr...

Read More >
Natural Gas Elliott Wave Technical Analysis: Key Resistance Zone Ahead

Natural Gas Elliott Wave Technical Analysis: Key Resistance Zone Ahead

Natural gas prices are nearing a critical resistance zone after experiencing an upward correction wi...

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