TradingLounge's Stock Market Report Today S&P 500 - NASDAQ 100 - RUSSELL 2000 - DAX 40 - FTSE 100 - ASX 200. Elliott Wave Analysis
Summary: Stock Indices are completing a corrective Wave iv).
So they are also in their later stages of the trend up, so looking for the top is next. Looking for Friday and Monday to be bullish, just remember Indices are a ending process, dont expect too much.
Trading Strategies: managing risk on long trades, use trailing stops on current trades.
Video chapters
00:00 SP 500 (SPX)
11:11 NASDAQ (NDX)
17:06 Russell 2000 (RUT)
18:51 DAX 40 (DAX)
24:30 FTSE 100 UKX (UK100)
29:15 ASX 200 (XJO)
35:25 End
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