The post Elliott Wave analysis of S&P 500 and Nasdaq [Video] appeared on BitcoinEthereumNews.com.

Stock Market Indices Overview: S&P 500, NASDAQ 100, RUSSELL 2000, DAX 40, FTSE 100, ASX 200 Featuring Elliott Wave Technical Analysis. Elliott Wave Analysis Indices: Wave Four SP500 and NASDAQ. In this analysis, we delve into the current Wave Four patterns observed in the S&P 500 and NASDAQ indices. We explore potential short-term and long-term outcomes, highlighting the possibility of the correction completing in the next trading session. Following a brief dip, we anticipate a market uptrend; however, confirmation is needed to determine if this move is corrective or impulsive. Short-term traders are advised to trade cautiously. Additionally, we examine AAPL and NVDA, supporting the expectation of a low in the next session. Video chapters  00:00 SP 500 (SPX), SPY ETF. 14:57 NASDAQ (NDX), QQQ ETF. 18:19 Russell 2000 (RUT) IWM ETF. 20:13 DAX 40 (DAX). 24:52 FTSE 100 UKX (UK100). 25:52 S&P/ASX 200 (XJO). 28:29 End. Source: https://www.fxstreet.com/news/elliott-wave-analysis-of-sp-500-and-nasdaq-video-202407250455

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Filed under: News - @ July 25, 2024 5:18 am