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

Peter Mathers TradingLounge

Market indices overview: S&P 500, SPY, NASDAQ 100, QQQ, Russell 2000, DAX 40, FTSE 100, ASX 200 featuring Elliott Wave technical analysis.

Elliott Wave expert analysis on indices: S&P 500 and NASDAQ

The Elliott Wave iv) is nearing completion, despite recent poor earnings from CRM and DEL, along with the Trump verdict. I anticipate the Core PCE figures in the next session will support the market and mark the low of Wave iv) for both the S&P 500 and NASDAQ 100. Smaller indices are expected to follow suit in their own patterns. I will also discuss the trading setup for long trades, particularly if we see a positive trend shaping up on Friday.

Video chapters:

00:00 SP 500 (SPX), SPY ETF
07:22 NASDAQ (NDX), QQQ ETF
11:27 Russell 2000 (RUT) IWM ETF
12:25 DAX 40 (DAX)
14:55 FTSE 100 UKX (UK100)
17:39 S&P/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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