Federal Reserve lowers rates to 5% – In-depth Elliott Wave analysis of top stock indices
|S&P 500, NASDAQ 100, Russell 2000, DAX 40, FTSE 100, and ASX 200, all analyzed using Elliott Wave Technical Analysis.
Market insights
Following the Fed’s recent rate cut, we've identified a peak in major indices and many individual stocks, presenting a prime opportunity to enter long positions. For optimal entry prices, consider waiting until late Thursday afternoon or Friday morning, aligning with Bullish Weekly Cycle patterns. Tune into tomorrow’s video for potential setups on long trades at more favorable price levels.
Stay updated
Subscribe to our newsletter and follow our expert insights to stay informed on the latest Elliott Wave developments and seize trading opportunities.
Video chapters
Elliott Wave analysis
Comprehensive analysis for major indices:
00:00 SP 500 (SPX).
10:11 NASDAQ (NDX).
13:03 Russell 2000 (RUT) IWM ETF.
15:27 DAX 40 (DAX).
19:39 FTSE 100 UKX (UK100).
21:53 S&P/ASX 200 (XJO).
28:41 End.
Federal Funds rate update
The Federal Reserve has slashed interest rates by 50 basis points to 5%, aiming to stimulate economic growth and support businesses. This significant rate drop can lower borrowing costs, boost consumer spending, and enhance investment opportunities. Stay updated on how the Fed’s decision impacts markets and your finances.
Contract month expiration
Most major U.S. equity index futures, including S&P 500 (ES), Nasdaq-100 (NQ), and Dow Jones (YM), expire on the third Friday of their respective contract months. For September, the futures will expire on the third Friday of September.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.