Elliott Wave analysis: S&P 500, Nasdaq and top tech stocks [Video]

Peter Mathers TradingLounge

Stock Market Investing Report S&P 500, NASDAQ 100, RUSSELL 2000, DAX 40, FTSE 100, ASX 200. Elliott Wave Analysis.
Elliott Wave Analysis Update: The SP500 appears to be encountering resistance near the 5000 level, while the Nasdaq 100 is facing resistance around the 18000 mark. It's important to recognize that although markets may breach these levels temporarily, they often exhibit gravitational pull over time. Currently, stocks seem to be in the midst of a minor impulse wave, suggesting a potential upward movement in the upcoming trading session.

Video chapters:

00:00 SP 500 (SPX)
03:43 NASDAQ (NDX)
07:14 Russell 2000 (RUT)
10:44 DAX 40 (DAX)
12:42 FTSE 100 UKX (UK100)
17:34 ASX 200 (XJO)

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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