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SPX | S&P 500 Index Analysis & Forecast | TradingLounge


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Stay informed on the latest market trends with our expert analysis of the US stock indices: SP500, NASDAQ, Dow Jones, and Russell 2000. Our analysis suggests the current decline in the market is corrective and could turn into a full five-wave impulse move, leading to a deeper drop.

Keep a close eye on the USD DXY as the Federal Reserve's meeting on Wednesday may impact the market. If 102 serves as a support for the dollar, it could result in further gains for the dollar and losses for global indices, forex, and commodities. For the best trading results, we recommend waiting for the outcome of the Fed meeting before determining the next short-term trend
Content: SP500 - NASDAQ 100 - RUSSELL 2000 - DOW JONES
Summary  Corrective pattern lower
Elliott Wave abc
Strategies  No, waiting a few sessions to confirm the pattern lower.

Video Chapters
00:00 S&P500 
23:22 NASDAQ 100 (NDX)
25:28 Russell 2000 (RUT)
29:42 Dow Jones (DJI)
21:28 TRIAL Buy 1 Month Get 3 Months

Analyst Peter Mathers TradingLounge™ 

 

 

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