Market Update: S&P 500, NASDAQ 100, Elliott Wave Analysis

[tradinglounge]

Stock Market Report S&P 500,  NASDAQ 100,  RUSSELL 2000,  DAX 40,  FTSE 100,  ASX 200. Elliott Wave Technical Analysis
Update on Elliott Wave Analysis: The bullish corrective pattern labeled as (a) (b) (c) is nearing completion, with potential for further upside movement. While I've discussed the possibility of buying at highs if the market rallies rapidly, it's important to remain cautious as there's still a chance of a slight downturn. In such a scenario, I'll be monitoring for long trade opportunities at lower levels following the next trading session. Additionally, the world is eagerly anticipating NVIDIA (NVDA) earnings after the bell today.

Video Chapters
00:00 SP 500 (SPX)
06:27 NASDAQ (NDX)
08:46 Russell 2000 (RUT)
12:16 DAX 40 (DAX)
14:03 FTSE 100 UKX (UK100)
18:53 ASX 200 (XJO)
24:08 End

Analyst Peter Mathers TradingLounge™  Join & Learn Elliott Wave from Experts
Stay ahead of market movements and make informed decisions with our comprehensive analysis.