Elliott Wave analysis: S&P 500, Nasdaq 100, DAX 40, FTSE 100 and ASX200 [Video]

Peter Mathers TradingLounge

Summary:

Indices are currently in the final quarter of the wave four corrective phase. Further declines are anticipated for most markets in the upcoming trading session. Elliott Wave pattern, currently in the abc as Wave 2 to the downside and I talk about Short Trade Set-ups

Elliott Wave analysis

SP500 (SPX): Wave 2 of (C) of 4)
NASDAQ 100 (NDX) Wave 2 of (C) of 4)
DAX 40 (DAX): Wave 2 of (C) of 4)
FTSE 100 UKX (UK100) Wave b) of Y of (4)
S&P/ASX 200 (XJO): Wave 2 of (C) of 4)
Nifty 50 Wave (ii) of c) of 4

Financial events

US Earning Season
Friday: January 10:
FOMC Minutes release in the United States.
Non-Farm Employment Change
US Unemployment Rate

Video chapters:

Comprehensive Elliott Wave analysis for major indices:

00:00 SP 500 (SPX)
12:44 NASDAQ 100 (NDX)
14:39 DAX 40 (DAX)
16:59 FTSE 100 UKX (UK100)
22:05 S&P/ASX 200 (XJO)
23:33 Nifty 50

Author

Peter Mathers

TradingLounge

Peter Mathers started actively trading in 1982. He began his career at Hoei and Shoin, a Japanese futures trading company.

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