Elliott Wave analysis: S&P 500, Nasdaq 100 and top tech stocks [Video]
|Elliott Wave analysis for global indices: In-depth insights for SP500 and NASDAQ
Our detailed Elliott Wave analysis for the SP500 and NASDAQ indicates we are currently in wave v of (v) of iii) of 1 of (5) of 3) of I. This complex wave structure suggests significant movements ahead as we approach the top of wave iii.
Recent earnings reports from NVIDIA (NVDA) have been the focal point of market attention, causing substantial intraday volatility. Despite these fluctuations, our Elliott Wave counts remain intact, confirming our projections for the completion of wave iii.
It's crucial to note that European and Asian indices are closely mirroring the US indices' intraday movements. These markets exhibit similar Elliott Wave patterns, indicating a synchronized global market behavior. This alignment underscores the interconnected nature of global financial markets and the importance of monitoring these indices collectively for a comprehensive analysis.
Video chapters:
00:00 SP 500 (SPX), SPY ETF
08:45 NASDAQ (NDX), QQQ ETF
12:04 Russell 2000 (RUT) IWM
13:18 DAX 40 (DAX)
16:57 FTSE 100 UKX (UK100)
18:11 S&P/ASX 200 (XJO)
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