Summary:
US Indices Wave c) of 2 down in the next session. I also talk about plan B, so if the current move up is Impulsive I talk about where to go long.
DAX and FTSE and ASX200 are toping in Wave 1. so expect and Elliott Zigzag abc correct as Wave 2 in due course. Once this is completed then we can look for long trade setups.
Elliott Wave analysis overview
- S&P 500 (SPX): Wave 2
- NASDAQ 100 (NDX): Wave 2
- FTSE 100 UKX (UK100): Wave v) of 1
- S&P/ASX 200 (XJO): Wave v) of 1
Financial events - US earning season
- Unemployment Claims
- Advance GDP q/q
Video chapters for in-depth analysis
00:00 SP 500 (SPX), SPY, ES
10:41 NASDAQ 100 (NDX)
12:55 DAX 40 (DAX)
18:26 FTSE 100 UKX (UK100)
23:15 S&P/ASX 200 (XJO)
27:25 NIFTY 50
28:37 DJI
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