Elliott Wave forecast for Nasdaq 100 and major players [Video]
|S&P 500, NASDAQ 100, RUSSELL 2000, DAX 40, FTSE 100, ASX 200. Elliott Wave Technical Analysis.
Elliott Wave analysis on stock Indices: Rising CPI figures prompt a downturn in indices, reaching the 38% retracement level, marking Minor Wave 4 for the S&P 500, NASDAQ 100, and DAX 40. The RUSSELL 2000 (IWM) may see a further decline to complete Wave (v) of c) of 2. The FTSE 100's progression is identified as Wave ii of (v) of iii), suggesting a potential upward trajectory in the near future. For the ASX 200, along with CBA's Wave ii, a slight downward adjustment may be necessary before a bullish movement is anticipated on Friday.
Video chapters:
00:00 SP 500 (SPX) JPM, BAC, XLF Finance Sector
13:16 NASDAQ (NDX)
14:45 Russell 2000 (RUT)
16:29 DAX 40 (DAX)
20:08 FTSE 100 UKX (UK100)
24:09 S&P/ASX 200 (XJO)
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