Stock Market SP 500, NASDAQ 100 NDX, Russell 2000 RUT. Dow Jones Industrial (DJI) Elliott Wave Technical Analysis and Trading Strategies.
US Markets News Today. Big tech stocks Lead the way lower as the market leaders.
Elliott Wave Market Summary: Bullish Weekly cycle is in play, If Friday is bearish then Monday is likely to be bearish also. Friday being bearish will help confirm a top.
Elliott Wave count: C of (2) top in place - Requires confirmation.
Day / Trend Trading Strategies: Waiting to see if the SP500 establishes and Impulse wave down off the high, to confirm a change in trend.
Video Chapters:
00:00 S&P500.
22:27 NASDAQ 100 (NDX).
26:26 Russell 2000 (RUT).
28:22 Dow Jones (DJI).
30:36 End. Thanks for supporting!
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The GBP/USD pair attracts some buyers during the Asian session on Thursday and moves away from its lowest level since mid-August, around the 1.2835-1.2830 region touched the previous day.
EUR/USD hovers around 1.0750 with negative bias amid Trump trades
EUR/USD holds ground after depreciating around 2% in the previous session, trading near 1.0740 during the Asian session on Thursday. The downside risk for the EUR/USD pair seems possible as the US Dollar may receive support from Trump trades following the victory of Republicans in the US election.
Gold: Will Fed Chair Powell rescue XAU/USD?
Gold price is seeing a dead cat bounce from three-week lows of $2,644 in Asian trading on Thursday, as the dust settles in the aftermath of a massive sell-off, fuelled by Republican candidate Donald Trump’s victory in the US presidential race.
Top trending meme coins PEPE, BONK, and FLOKI achieve double-digit gains following Trump’s victory
The prices of top trending meme coins Pepe, Bonk and FLOKI experienced double-digit gains following Trump’s victory on Wednesday. The technical outlook suggests that the three meme coins hover around key levels, and the breakout could push these coins higher.
Trump wins: Tax cuts come with a cost
Donald Trump’s victory will ensure a lower tax environment that should boost sentiment and spending in the near term. However, promised tariffs, immigration controls and higher borrowing costs will increasingly become headwinds through his presidential term.
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