Archive by tag: S&P 500Return
In this Stock Market Report covering S&P 500, NASDAQ 100, RUSSELL 2000, DAX 40, FTSE 100, and ASX 200, Elliott Wave Analysis indicates that the market is approaching the completion of Elliott Wave iv). The analysis identifies distinctive patterns involving leaders and followers. Strategic long trades are recommended based on identifying new highs and leveraging Classic Trading Levels Patterns (CTLP). The strength of Friday's closing is highlighted as pivotal, with a robust closure encouragin...
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Stock Market Report S&P 500 - NASDAQ 100 - RUSSELL 2000 - DAX 40 - FTSE 100 - ASX 200. Elliott Wave Analysis
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Stock Market Summary: Counting the bearish 2 day chart and daily chart as a Wave 2) retracement, in both cases the intraday count is the same. Expect further downside.
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Elliott Wave Analysis points towards an upward movement in major indices like the S&P 500, NASDAQ 100, RUSSELL 2000, DAX 40, FTSE 100, and ASX 200, indicating potential long trade prospects. Traders are advised to stay vigilant as the current impulse wave concludes and a larger wave four correction takes shape.
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