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Elliott Wave analysis: S&P 500, Nasdaq 100 and top tier stocks [Video]

Today's stock market overview: S&P 500, SPY, NASDAQ 100, QQQ, RUSSELL 2000, DAX 40, FTSE 100, ASX 200. featuring Elliott Wave technical analysis.

Elliott Wave analysis indices

SP 500 & NASDAQ Wave v of (v) of iii) of 1 of (5) of 3) of I. Today I will bring this count into the QQQ, SPY, DAX, FTSE and ASX200. Today I look at the bigger picture and of course the intraday wave counts. In nutshell markets are bullish into Elliott Wave iii) of 1. This means the move up will probably correct in the next session based on the Employment figures producing Wave iv), with a bullish move higher as Wave v) of 1. The trading strategy is still Risk On.

Video chapters big picture:

00:00 SP 500 (SPX) 
03:36 NASDAQ (NDX)
04:10 DAX 40 (DAX)
05:46 FTSE 100 UKX (UK100)
06:55 S&P/ASX 200 (XJO)

Video chapters intraday wave counts:

08:09 SP 500 (SPX) SPY
12:15 NASDAQ (NDX) QQQ
14:35 Russell 2000 (RUT) IWM
15:45 DAX 40 (DAX)
17:22 FTSE 100 UKX (UK100)
19:21 S&P/ASX 200 (XJO)

Author

Peter Mathers

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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