Elliott Wave analysis: S&P 500, NASDAQ, DAX, FTSE & ASX200 [Video]

Peter Mathers TradingLounge

Elliott Wave Analysis: S&P 500, NASDAQ 100, DAX 40, FTSE 100, ASX 200

Discover the latest Elliott Wave technical analysis and trading strategies from our expert team at TradingLounge. We cover key US, European, and Australian markets, providing actionable insights and trade setups across major indices.

Market overview & key setups

US Indices (SP500 & NASDAQ): Long trade setups are triggering on SPX and NASDAQ Futures/ETFs.
European Markets (DAX 40 & FTSE 100): Watch for long trade entries on short-term retracements.
Australia (ASX 200): SPI Futures/CFDs are showing similar patterns.
Special Note: Anticipate significant market moves on March 21, 2025, amid the March Equinox and triple witching day.

Elliott Wave analysis snapshot

S&P 500 (SPX): Wave 1
NASDAQ 100 (NDX): Wave 1
DAX 40 (DAX): Wave i)
FTSE 100 (UKX): Wave i)
S&P/ASX 200 (XJO): Wave 1

Upcoming key financial events (March 20, 2025)
United States:
• Weekly Initial Jobless Claims
• Philadelphia Fed Manufacturing Index
• Existing Home Sales (February)
• Leading Economic Indicators (February)

United Kingdom:
• Bank of England Interest Rate Decision
• Labor Market Figures

Australia:
• Employment Data (February)

Germany:
• Producer Price Index (PPI) (February)

In-Depth Video Analysis

00:00: SP500 (SPX), SPY, ES Futures
09:17: NASDAQ 100 (NDX) QQQ, NQ Futures
15:10: DAX 40 (DAX)
18:15: FTSE 100 (UKX)
20:17: S&P/ASX 200 (XJO) SPI Futures

Author

Peter Mathers

TradingLounge

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

EUR/USD steadies near 1.1650 ahead of US Nonfarm Payrolls

EUR/USD holds ground after five days of losses, trading around 1.1650 during the Asian hours on Friday. Traders remain cautious ahead of the US Nonfarm Payrolls report, which is expected to offer further insight into labor market conditions and the Federal Reserve’s policy outlook. December NFP is forecast to show job gains of 60,000, down from 64,000 in November.

GBP/USD: Further weakness could challenge 1.3400

GBP/USD remains under unabated selling pressure on Thursday, slipping to fresh three-day lows around 1.3415 in response to further improvement in the sentiment surrounding the Greenback ahead of Friday’s key NFP data.

Gold defends $4,450, looks to the crucial US NFP report

Gold struggles to capitalize on the previous day's goodish move up from the vicinity of the $4,400 mark and attracts some sellers while defending $4,450 in the Asian session on Friday. The critical US employment details will offer more cues about the Fed's rate-cut path, which, in turn, will influence the US Dollar price dynamics and provide a fresh impetus to the non-yielding bullion.

Forecasts for Payrolls are all over the place

Yesterday’s data put the kybosh on the idea the Fed needs to cut rates fairly urgently to protect the labor market. The jobs component of the ISM services index was nicely over 50, and that rising JOLTS voluntary quits rate also points to no real heartache in labor.

2026 economic outlook: Clear skies but don’t unfasten your seatbelts yet

Most years fade into the background as soon as a new one starts. Not 2025: a year of epochal shifts, in which the macroeconomy was the dog that did not bark. What to expect in 2026? The shocks of 2025 will not be undone, but neither will they be repeated.

XRP slides as institutional and retail demand falters

Ripple is trading down for the third consecutive day on Thursday amid escalating volatility in the cyrptocurrency market. After peaking at $2.41 on Tuesday, its highest print since November 14 amid the early-year rally, XRP has quickly ran into aggressive profit-taking.