Image Source: PexelsTradingLounge’s Stock Market Report S&P 500 – NASDAQ 100 – RUSSELL 2000 – DAX 40 – FTSE 100 – ASX 200. Elliott Wave Analysis
Summary: Looking for the low of Elliott Wave 5 of (A) for the NDX, SP500, and DAX. Most indices have the same intraday pattern and can edge lower, keeping in mind a medium-term low approaching. One of the reasons for Indices to move lower is the momentum of the larger US tech stocks.
Trading Strategies: Not recommending any short trade, however the trade is still on the short side for Indices and stocks.Video Chapters
00:00 SP 500 (SPX)
06:27 NASDAQ (NDX)
11:35 Russell 2000 (RUT)
14:30 DAX 40 (DAX)
17:12 FTSE 100 UKX (UK100)
21:01 ASX 200 (XJO)
24:51 EndAnalyst Peter Mathers TradingLounge™ Australian Financial Services Licence – AFSL 317817
Source: tradinglounge com Video Length: 00:24:51More By This Author:Elliott Wave Technical Analysis LINKUSD – Thursday, October 26
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