Archive by tag: Financial EventsReturn
Bullish Outlook Confirmed: Elliott Wave Analysis Signals Uptrend for Major Global Indices
17Oct

Bullish Outlook Confirmed: Elliott Wave Analysis Signals Uptrend for Major Global Indices

PeterM | 17 Oct, 2024 | Elliott Wave, Bullish Outlook, Technical Analysis, S&P 500, NASDAQ 100, Russell 2000, DAX 40, FTSE 100, ASX 200, Global Indices, Stock Market Analysis, Trading Strategies, Market Forecast, Investment Analysis, Trading Levels, Financial Events, Wave Counts, Market Trends, Financial Markets | Indices | 0 Comments |
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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