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

Peter Mathers TradingLounge

Elliott Wave trading strategies: SP500, SPY, NASDAQ 100, QQQ, RUSSELL 2000, DAX 40, FTSE 100, ASX 200.

In this comprehensive Elliott Wave analysis, we dive into the current "risk on" environment for indices and stocks, focusing on major market movers like Apple and Microsoft. These tech giants are compared to SPX (S&P 500) and NDX (NASDAQ 100) as they drive the market in Primary Wave 3. Detailed counts for the SP500 and NASDAQ reveal we are in wave iii) of 3 of (5), indicating significant market momentum. Additionally, the DAX, FTSE, and ASX indices are showing promising recoveries from their recent lows. This video explores potential long trade setups across these key markets.

Video chapters:

00:00 – S&P 500 (SPX) and SPY ETF: Analyzing the primary wave structures and identifying key entry points.
13:40 – NASDAQ 100 (NDX) and QQQ ETF: Deep dive into the tech-heavy index and its leading stocks.
18:07 – Russell 2000 (RUT) and IWM ETF: Small-cap stocks and their wave patterns.
20:20 – DAX 40 (DAX): European market insights and wave analysis.
32:08 – FTSE 100 (UK100): Exploring the UK's leading index and trade opportunities.
34:13 – S&P/ASX 200 (XJO): Australian market analysis and potential setups.
41:33 – Conclusion: Summarizing the key insights and future market expectations.

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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