Stock Market SP 500, NASDAQ 100 NDX, Russell 2000 RUT. Dow Jones Industrial (DJI) Elliott Wave Technical Analysis and Trading Strategies.
US Markets News Today: Bullish Weekly Cycle in play, that is, if Friday closes firm then Monday will be bullish softening Tue morning and resuming Tue's afternoon.
Elliott Wave Market Summary: Wave iv) completed and Wave v) upwards.
Elliott Wave count: Wave (i) of v).
Day / Trend Trading Strategies: Long.
Video Chapters:
00:00 S&P500.
23:54 NASDAQ 100 (NDX).
25:45 Russell 2000 (RUT).
27:42 Dow Jones (DJI).
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Historical results are no guarantee of future returns. Some investments are inherently riskier than others. At worst, you could lose your entire investment. TradingLounge™ uses a range of technical analysis tools, software and basic fundamental analysis as well as economic forecasts aimed at minimizing the potential for loss.
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GBP/USD stabilizes around 1.2300 on BOE day
Following a pullback with the initial reaction to the Bank of England's policy announcements, GBP/USD has regained its traction and climbed above 1.2300. The pair remains on track to post gains for the second straight day as the US Dollar struggles to find demand.
Gold: XAU/USD approaches $2,000 amid broad US Dollar weaknes Premium
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