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Weekly Trading Plans: EUR/USD and SPX500 [Video]

According to our Elliott Wave analysis, the markets are getting ready for the CPI report, and the SPX500 is expected to drop strongly this week. At the same time, the EUR/USD is finishing a distribution process to push prices lower to the 0.9950 area.

The Elliott Wave theory helps understand the chaotic market cycles by labeling the price swings. Watch in the weekly video the theory in action and get insights on the SPX500 and EURUSD.


 

Author

Juan Maldonado

Juan Maldonado

Elliott Wave Street

Juan Maldonado has a University degree in Finance, and Foreign trade started his trading career in 2008. Since 2010 has been analyzing the markets using Elliott Wave with different strategies to spot high probability trades.

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