Elliott Wave Analysis: SP500,NASDAQ 100, DAX 40, FTSE 100, ASX200. Insights & Strategies
Stock Market Report S&P 500, NASDAQ 100, RUSSELL 2000, DAX 40, FTSE 100, ASX 200. Elliott Wave Technical Analysis
Update on Elliott Wave Analysis: A favorable Core PPI bodes well for the USD, leading to higher yields, lower bonds, and a stronger dollar which impacts various stocks either positively or negatively. Despite this, indices and stocks are on an upward trend in the primary movement, and I plan to stick with this direction. The key lies in managing the downturns, which is the focus of this video. It details when and how to purchase during a dip with the initial Elliott wave impulse wave upward. For continued optimism, we need the US indices to show positive momentum in Friday morning's session. Without it, according to Elliott wave terminology, we might be entering a more significant correction phase, Wave 4 of (3), a position the DAX 40 is nearing.
Video Chapters
00:00 SP 500 (SPX)
09:07 NASDAQ (NDX)
11:46 Russell 2000 (RUT)
13:05 DAX 40 (DAX)
17:04 FTSE 100 UKX (UK100)
20:09 ASX 200 (XJO)
27:21 End
Analyst Peter Mathers TradingLounge™ Australian Financial Services Licence - AFSL 317817
Source: tradinglounge com
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Editors’ Picks
EUR/USD holds above 1.1750 due to cautious trade before FOMC Minutes
EUR/USD holds ground after four days of little losses, trading around 1.1770 during the Asian hours on Tuesday. The pair remains steady as US Dollar moves little amid market caution ahead of the Federal Open Market Committee December Meeting Minutes due later in the day, which could offer insights into the Federal Reserve’s 2026 outlook.
GBP/USD finds key support near 1.35 despite year-end grind
GBP/USD remains bolstered on the high end as markets grind through the last trading week of the year. Cable caught a bullish tilt to keep price action on the high side of the 1.3500 handle, though year-end holiday volumes are unlikely to see significant progress in either direction as 2025 draws to a close.
USD/JPY rises back above 156.00, shrugs off Yentervention risks
USD/JPY is back in the green above the 156.00 region in Tuesday's Asian trading. The pair shrugs off impending risks of a forex market intervention by the Japanese officials. Volatility is expected to widen during the last trading week of 2025, and follow into early 2026 as holiday-thinned market volumes wreak havoc on general market trends.
Editors’ Picks
EUR/USD holds above 1.1750 due to cautious trade before FOMC Minutes
EUR/USD holds ground after four days of little losses, trading around 1.1770 during the Asian hours on Tuesday. The pair remains steady as US Dollar moves little amid market caution ahead of the Federal Open Market Committee December Meeting Minutes due later in the day, which could offer insights into the Federal Reserve’s 2026 outlook.
GBP/USD finds key support near 1.35 despite year-end grind
GBP/USD remains bolstered on the high end as markets grind through the last trading week of the year. Cable caught a bullish tilt to keep price action on the high side of the 1.3500 handle, though year-end holiday volumes are unlikely to see significant progress in either direction as 2025 draws to a close.
Gold gains on Fed rate cut bets, safe-haven demand
Gold price edges higher above $4,350 during the Asian trading hours on Tuesday. The precious metal recovers some lost ground after falling 4.5% in the previous session, which was gold's largest single-day loss since October. Increased margin requirements on gold and silver futures by the Chicago Mercantile Exchange Group, one of the world’s largest trading floors for commodities, prompted widespread profit-taking and portfolio rebalancing.
Solana risks correction within descending wedge as bearish bets rise
Solana hovers above $120 at press time on Tuesday after a nearly 2% decline on Monday. The SOL-focused Exchange Traded Funds see renewed interest after recording their lowest weekly inflow last week.
Bitcoin Price Annual Forecast: BTC holds long-term bullish structure heading into 2026
Bitcoin (BTC) is wrapping up 2025 as one of its most eventful years, defined by unprecedented institutional participation, major regulatory developments, and extreme price volatility.
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