Archive by tag: CPI ImpactReturn
Elliott Wave Analysis: How CPI Figures Impact S&P 500, NASDAQ, DAX 40, and More
11Apr

Elliott Wave Analysis: How CPI Figures Impact S&P 500, NASDAQ, DAX 40, and More

PeterM | 11 Apr, 2024 | Elliott Wave, CPI Impact, S&P 500, NASDAQ, DAX 40, FTSE 100, ASX 200, Stock Market Analysis, Financial Trends, Market Downturn, Bullish Movement | Indices | 0 Comments |
The latest Elliott Wave Analysis indicates a market response to rising CPI figures, leading to a downturn across major indices including the S&P 500, NASDAQ 100, and DAX 40, with each touching the 38% retracement level, marking Minor Wave 4. The Russell 2000 is expected to dip further, completing Wave (v) of c) of 2. Meanwhile, the FTSE 100 is on a path to recovery, positioned in Wave ii of (v) of iii), indicating potential upward movement. The ASX 200 and CBA are anticipated to adjust slightly ...
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