Stock Market Report S&P 500, NASDAQ 100, RUSSELL 2000, DAX 40, FTSE 100, ASX 200. Elliott Wave Technical Analysis
Elliott Wave Update: Jobless Claims Thursday. Current Elliott wave ii) correction incomplete but anticipated to finish soon. Concerns of SP500 and Nasdaq being dragged down, risking Wave ii) correction to 5000 and 18,000 respectively. Waiting for potential long trade setup late Thursday or Friday morning. Overall bullish trend intact; aiming to buy new highs to capture upside potential indicated by big tech stocks. Patience is key.
Video Chapters
00:00 SP 500 (SPX)
07:04 NASDAQ (NDX)
11:44 Russell 2000 (RUT)
14:26 DAX 40 (DAX)
17:35 FTSE 100 UKX (UK100)
18:33 ASX 200 (XJO)
21:55 End
Analyst Peter Mathers TradingLounge™ Australian Financial Services Licence - AFSL 317817
Source: tradinglounge com
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