Archive by author: PeterMReturn
Nestled in the cozy nooks of the Blue Mountains, I share my digs with Marcia (the chief of home affairs) and Minke (our fur-baby with a penchant for tail-wagging). Ah, the markets! I've been rubbing elbows with them since the 80s – neon leg warmers, mullets, and all. Now, while some folks love puzzles or sudoku, I'm more about deciphering the wild scribbles of the financial market. For me, they’re like windows to the zany dance of the world. Plus, they let me pretend I'm a detective, trying to crack the code of ever-shifting market patterns. Building TradingLounge? Think of it as my arts and crafts project – it’s the cherry on top of my market sundae, and boy, is it a delicious venture! 🍒📈🤣
The S&P 500 (SPX) and NASDAQ 100 (NDX) are tracking two key Elliott Wave patterns: (1) Wave 4 may have already reached its low, signaling a potential bullish move, or (2) an Ending Diagonal pattern suggests one more low could still occur. The DAX 40 and FTSE 100 are advancing in strong Impulse Waves to the upside, indicating continued bullish momentum. The ASX 200 aligns with broader market trends, showing unique wave structures that require close monitoring for high-probability setups.
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Optimize Your Trading with Elliott Wave & Technical Analysis for SP500, NASDAQ 100, Apple, Tesla, Amazon, Nvidia, Microsoft, Meta, Netflix, Alphabet, and Bitcoin Stay ahead in the 2025 financial markets with our expert Elliott Wave and technical analysis. We cover key markets including the SP500 (SPX), NASDAQ 100 (NDX), Apple (AAPL), Tesla (TSLA), Amazon (AMZN), Nvidia (NVDA), Microsoft (MSFT), Meta Platforms (META), Netflix (NFLX), Alphabet (GOOGL), and Bitcoin (BTC). Our insights reveal tha...
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Elliott Wave Technical Analysis and Trading Strategies: S&P 500, NASDAQ 100, DAX 40, FTSE 100, ASX 200, NIFTY 50.
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Stocks and Indices are in a Elliott Wave four corrective pattern and in the final stages over the week ahead.
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The Fed’s quarter-point rate cut triggered a sharp market decline, prompting close Elliott Wave scrutiny. Analysts are watching to see if the downturn develops into a three-wave correction or a five-wave impulse. A confirmed five-wave pattern would suggest a corrective rally followed by another five-wave drop, signaling Primary Wave 4) is in play for multiple major indexes. Friday’s U.S. PCE inflation and personal income data will provide further market direction.
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US Tech stock and indices are approaching Elliott Wave Primary 3) degree. Expect lower trading volumes this week into the Christmas next week.
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Stock Market Indices Overview: S&P 500, SPY, NASDAQ 100, QQQ, RUSSELL 2000, DAX 40, FTSE 100, ASX 200. Featuring Elliott Wave Technical Analysis
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This week, major tech stocks and market indices remain in an overall uptrend but are nearing late-stage corrective phases according to Elliott Wave analysis. While some, such as NVDA, have begun minor pullbacks (Wave ii), many others are poised to reach or are currently in wave fours (iv). After these corrections, the prevailing bullish trend may resume, but near-term consolidation or a pause in upward momentum should be expected before the next rally leg occurs.
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Elliott Wave Analysis and Trading Strategies for Major Indices Market Outlook: Thursday: Anticipated to show a minor Wave Four correction across major indices. Friday and Beyond: The upward trend is expected to resume, continuing the robust November/December uptrend with new market highs anticipated. Index-Specific Analysis: S&P 500 (SPX): Progressing through Wave (v) of iii) of 5 of (5) of 3), indicating a strong bullish impulse and potential for further gains. NASDAQ 100 (NDX): In Wa...
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Risk on for US Tech stocks and Indices. SP500 supported on 6000 and the Nasdaq supported on 20,000 with many stocks pushing up of their current lows with Impulse structures.
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