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By tradinglounge · Posted
Stock Market Report S&P 500, NASDAQ 100, RUSSELL 2000, DAX 40, FTSE 100, ASX 200. Elliott Wave Technical Analysis In our ongoing Elliott Wave analysis of key indices, including the S&P 500 and NASDAQ 100, it appears that the markets have not yet bottomed out. I plan to carefully watch for signs of support formation later on Thursday, which could signify reaching the lows. It's crucial to then observe whether the trading on Friday closes higher. Should this pattern not emerge, we might have to brace for a more extensive corrective phase. Consequently, I'll avoid making any hasty bearish moves and will instead monitor the market's performance towards the end of the week before making any trading decisions. Video Chapters 00:00 SP 500 (SPX) 03:12 NASDAQ (NDX) 10:00 Russell 2000 (RUT) 12:42 DAX 40 (DAX) 16:33 FTSE 100 UKX (UK100) 18:48 S&P/ASX 200 (XJO) 23:11 End Analyst Peter Mathers TradingLounge™ Australian Financial Services Licence - AFSL 317817 Source: tradinglounge com -
Two days? That's what you are basing your predictions on? -
By TraderJeff · Posted
Yesterday, the market was divided, so I stayed out. Today, I predicted that there would be a relief rally on DAX (Germany) 40 in the morning. Therefore, I went long at the cash open and made 170 points. Did anyone else have a similar experience?
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Question
Guest Tom
Hi guys, I'm new to trading and have started a demo account with IG and loving the interface so far, but I'm just a bit confused over some of the prices - for spot silver, it currently says the buy and sell prices are around 2510.5 but the 10 after the 25 is in big numbers - very rookie questions, but does this mean the price is £25.103 or £2510.3 as I've had a look on other broker websites and the price is listed around £25 . Just wondering if those big numbers mean something different, as on other prices, e.g Tesla there are no big numbers and the prices between brokers are the same. Thanks in advance
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