01Feb

Stock Market Topping: SP500, NASDAQ, DAX 40, FTSE 100, ASX200. Elliott Wave Insights & Strategies

Stock Market Report S&P 500,  NASDAQ 100,  RUSSELL 2000,  DAX 40,  FTSE 100,  ASX 200. Elliott Wave Analysis
Elliott Wave Analysis: Presently, technology stocks are undergoing an ABC Zigzag correction pattern, influencing indices like Nasdaq 100, S&P 500, and Dax. The correction appears poised to conclude within one to two trading sessions, potentially paving the way for favorable long trade setups. Notably, companies like META are reporting earnings today and tomorrow. With the completion of the ADP figures and the FOMC, coupled with the majority of tech stock earnings for the week, the outlook suggests a smoother ride for bulls in the upcoming week.

Video Chapters
00:00 SP 500 (SPX)
05:01 NASDAQ (NDX)
06:30 Russell 2000 (RUT)
07:01 DAX 40 (DAX)
08:43 FTSE 100 UKX (UK100)
10:26 ASX 200 (XJO)
14:23 End

Analyst Peter Mathers TradingLounge™ Australian Financial Services Licence - AFSL 317817
Source: tradinglounge com   Join & Learn from Experts

See previous SP500 Indices video here

Related

CAC 40 Index Elliott Wave Technical Analysis: Key Insights for Trading and Investing in the French Stock Index

CAC 40 Index Elliott Wave Technical Analysis: Key Insights for Trading and Investing in the French Stock Index

This article dives into CAC 40 trading strategies, with an Elliott Wave analysis to guide investors ...

Read More >
Federal Reserve Cuts Rates to 5%: Elliott Wave Analysis of Major Stock Indices & Market Insights

Federal Reserve Cuts Rates to 5%: Elliott Wave Analysis of Major Stock Indices & Market Insights

This blog offers an in-depth analysis of major stock market indices—including the S&P 500, NASDAQ 1...

Read More >
Technical Outlook to Align Forex Trading Strategies with Market Trends: U.S. Dollar / Canadian Dollar Elliott Wave Analysis

Technical Outlook to Align Forex Trading Strategies with Market Trends: U.S. Dollar / Canadian Dollar Elliott Wave Analysis

This USDCAD Elliott Wave analysis provides a detailed forecast of current and upcoming market moveme...

Read More >
WTI Crude Oil Commodity Elliott Wave Technical Analysis: Crude Oil is Experiencing a Recovery

WTI Crude Oil Commodity Elliott Wave Technical Analysis: Crude Oil is Experiencing a Recovery

In this analysis, we provide a detailed Elliott Wave forecast for WTI and crude oil prices in June 2...

Read More >
Comprehensive EURUSD Elliott Wave Technical Analysis: Forecast, Trading Strategy, and Key Market Insights

Comprehensive EURUSD Elliott Wave Technical Analysis: Forecast, Trading Strategy, and Key Market Insights

Our detailed EURUSD Elliott Wave analysis highlights the ongoing corrective phase within Navy Blue W...

Read More >
U.S. Dollar/Canadian Dollar (USD/CAD) Elliott Wave Analysis Reveals Potential Trading Opportunities

U.S. Dollar/Canadian Dollar (USD/CAD) Elliott Wave Analysis Reveals Potential Trading Opportunities

Explore actionable insights into the U.S. Dollar/Canadian Dollar (USD/CAD) currency pair through com...

Read More >

Buy 1 Month

Get 3 Months!

Special Offer:

Trade Recommendations

Unleash the power of deversified trading with our comprehensive portfolio, covering:

  • Stock Trades
  • Crypto Trades
  • Forex Trades
  • Commodity Trades
Elliott Wave Analysis

Gain a competive edge with expert insights in to:

  • Global Indices
  • US Stocks & ASX Stocks
  • Forex & Crypto
  • Commodities
Top-Notch Trading Tools

Equip yourself with the tools of success:

  • Social Chat
  • Elliott Wave Algorithm
  • Screener
  • TradingLevels
  • Trading Game
7 Elliott Wave Analysts

Stay ahead of the market with daily charts and insightful videos
-Your secret to strategic trading!

JOIN HERE


Welcome to TradingLounge (ASIC A.R.No. 321187), specialists in trades, trading education and technical analysis, covering stocks, indices, commodities, forex and cryptocurrencies.

When you join TradingLounge you have access to everything we offer, including trade tools, educational content and a social platform to chat with like-minded investors.

Read more

@Copyright 2024 by tradinglounge.com

Contact Us

Australian no: 02 4787 6020

International no: +61 (2) 47876020

Pay with:

Find us on