Elliott Wave analysis: S&P 500 and top tech stocks [Video]
|Stock Market Elliott Wave Summary: SP500 - NASDAQ 100 - RUSSELL 2000 - DAX 40 - FTSE 100 - ASX 200.
SP 500: Expect the price above and below 4,300 the top of Minor Group 1 and the 61.8% retracement level from the all-time high. Expect a Classic TradingLevels pattern at 4,300 then further upside.
Nasdaq 100: heading slightly higher into Elliott Wave (v) of iii) with next resistance Minor Group 2 14,650 with support at 14,500 and 14,300 for Wave iv).
Russell 2000: Support 1830, next target 1850.
DAX 40: Elliott Wave (iii) to 16,100 Wave (iv) retesting 16,000.
FTSE 100: wave (iii) top 7650 then expect wave (iv) correction 7630.
ASX 200: Elliott Wave c of (iv) back towards 7200 - 7210 then upwards towards 7265 – 7300.
Video chapters
00:00 SP 500 (SPX)
10:05 NASDAQ (NDX)
14:08 Russell 2000 (RUT)
18:07 DAX 40 (DAX)
27:25 FTSE 100 (UK100)
30:09 ASX 200 (XJO)
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