S&P500 Elliott Wave analysis [Video]

Peter Mathers TradingLounge

Stock Market Report S&P 500, NASDAQ 100, RUSSELL 2000, DAX 40, FTSE 100, ASX 200. Elliott Wave Technical Analysis

Update on Elliott Wave Analysis: Lower volume heading into Easter holidays, creating corrective patterns in a toppy market, however the main trend is structurally stable regarding Elliott Impulse waves. We won’t add to current long positions into the holiday break, as we need to manage the current softness in these markets. The RUT, FTSE, DAX and ASX200 appear to be strong, however they will fall into small corrective pattern later in the next session. But we will hold longs through this.

Video Chapters
00:00 SP 500 (SPX)
10:20 NASDAQ (NDX)
14:14 Russell 2000 (RUT)
14:48 DAX 40 (DAX)
19:33 FTSE 100 UKX (UK100)
22:58 S&P/ASX 200 (XJO)
27:23 End

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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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