Elliott Wave guide: Boost SP500 & Nasdaq 100 trading strategy [Video]

Peter Mathers TradingLounge

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

Author

Peter Mathers

TradingLounge

Peter Mathers started actively trading in 1982. He began his career at Hoei and Shoin, a Japanese futures trading company.

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