Archive by tag: RUSSELL 2000Return
Index Analysis: S&P 500 (SPX): Action: Considering a long position at 5,850. Pattern: Observing a Classic Trading Levels Pattern (CTLP) at this level. NASDAQ 100 (NDX): Action: Considering a long position at 20,300. Pattern: CTLP is forming. Russell 2000 (RUT) / IWM ETF: Current Wave: Expecting a Wave (ii) retracement. Outlook: Anticipate higher price levels following the retracement. DAX 40 (DAX): Current Wave: Wave (iv) appears to have completed. Action: Setting up a long t...
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Unlock the power of Elliott Wave Analysis with our detailed examination of major global indices, including the S&P 500, NASDAQ 100, Russell 2000, DAX 40, FTSE 100, and ASX 200. Leveraging a well-established primary wave count for the S&P 500, we've integrated two alternative wave counts developed through the collaborative efforts of our TradingLounge members. These alternative counts enhance our analytical precision and are versatile enough to apply across various indices and prominent stock...
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This blog offers an in-depth analysis of major stock market indices—including the S&P 500, NASDAQ 100, Russell 2000, DAX 40, FTSE 100, and ASX 200—utilizing Elliott Wave Technical Analysis. It highlights the Federal Reserve's significant interest rate cut of 50 basis points to 5%, exploring how this move aims to stimulate economic growth by reducing borrowing costs, enhancing consumer spending, and fostering investment opportunities. The article provides strategic market insights, identify...
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This article offers an in-depth Elliott Wave analysis of the Russell 2000, providing valuable insights for traders and investors. It covers the current market trends, technical analysis, price predictions, and trading strategies for the Russell 2000 index. Whether you're looking for the best Russell 2000 stocks to buy or want to understand RUT economic indicators, this report offers essential data for making informed investment decisions.
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**Stock Market Indices Overview: S&P 500, NASDAQ 100, RUSSELL 2000, DAX 40, FTSE 100, ASX 200 - Featuring Elliott Wave Analysis** As the Federal Reserve meeting approaches, with the PPI figures being the last economic data before the rate decision, we are analyzing two Elliott Wave scenarios for major indices. The first indicates the Wave (2) low is already in place, signaling a potential rally, while the second suggests Wave (2) is not yet complete, allowing for further downside. Current pri...
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This blog explores the current state of major stock market indices, including the S&P 500, NASDAQ 100, RUSSELL 2000, DAX 40, FTSE 100, and ASX 200, through the lens of Elliott Wave technical analysis. With the Minor Wave 4 potentially completed, the SP500 is advancing, while the NASDAQ faces resistance. As markets enter a phase of choppy, sideways movement with a slight upward bias, traders are advised to adopt cautious, small-scale scalping strategies rather than pursuing larger trend trades.
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This analysis provides a comprehensive overview of the S&P 500, NASDAQ 100, Russell 2000, DAX 40, FTSE 100, and ASX 200 indices using Elliott Wave Theory. The U.S. and global indices are currently experiencing a Minute Wave iv) correction within a larger impulse wave, with potential retracements up to 38%. The analysis also highlights key upcoming economic events, including the Jackson Hole Economic Symposium, that could impact market movements.
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The Russell 2000 Elliott Wave analysis with daily and weekly charts, A comprehensive look at the market's current trends and corrective phases. The analysis identifies the ongoing orange wave 2 within navy blue wave 3, suggesting...
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In this analysis, we take a comprehensive look at the S&P 500, NASDAQ 100, Russell 2000, DAX 40, FTSE 100, and ASX 200 using Elliott Wave technical analysis. The indices are currently in a Wave 4 correction, which can take various forms. We will monitor current patterns and prepare for long trades if setups appear, but another low is possible. Thursday's trading may not provide clear direction; Friday morning's session will be crucial. A bullish Friday suggests a bullish pattern, while a...
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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 S&P 500 (SPX) and NASDAQ 100 (NDX): Different corrective patterns are observed. We examine two potential scenarios: one with the low in place and another where the corrective pattern may extend. Caution is advised for long positions; we'll cover entry points and stops. Russell 2000 (RUT): Completing Wave (iv), expected to rise. Holding long posi...
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