Archive by tag: US MarketsReturn
Elliott Wave Analysis: US, Euro, and Asian Indices Poised for Growth
04Jul

Elliott Wave Analysis: US, Euro, and Asian Indices Poised for Growth

PeterM | 04 Jul, 2024 | Elliott Wave Analysis, S&P 500, SPY, NASDAQ 100, QQQ, Trading Strategies, US Markets, Euro Indices, Asian Indices, Impulse Wave, Classic Trading Levels Pattern, CTLP, Long Trade Setup, Market Analysis, Financial Forecasting, Stock Market Trends | Indices | 0 Comments |
### Summary The S&P 500, SPY, NASDAQ 100, and QQQ indices are moving towards higher levels as predicted by the Elliott wave count. Traders should maintain long positions in the US markets. Euro and Asian indices have shown a strong rebound from their lows, marking the first Elliott Impulse wave upward. The impulse wave for SPY and QQQ is still developing, requiring patience before looking for a long trade on wave B of a Classic Trading Levels Pattern (CTLP). Expect the next long trade setup t...
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