Bullish Market Insights: Elliott Wave Analysis for Major Indices

[tradinglounge]

Today's Stock Market Overview: S&P 500, SPY, NASDAQ 100, QQQ, RUSSELL 2000, DAX 40, FTSE 100, ASX 200. Featuring Elliott Wave Technical Analysis

Elliott Wave Analysis Indices: Elliott Wave Analysis Indices: SP 500 & NASDAQ Wave v of (v) of iii) of 1 of (5) of 3) of I. Today I will bring this count into the QQQ, SPY, DAX, FTSE and ASX200. Today I look at the bigger picture and of course the intraday wave counts. In nutshell markets are bullish into Elliott Wave iii) of 1. This means the move up will probably correct in the next session based on the Employment figures producing Wave iv), with a bullish move higher as Wave v) of 1. The trading strategy is still Risk On.

Video Chapters Big Picture

00:00 SP 500 (SPX) 
03:36 NASDAQ (NDX)
04:10 DAX 40 (DAX)
05:46 FTSE 100 UKX (UK100)
06:55 S&P/ASX 200 (XJO)

Video Chapters Intraday Wave counts

08:09 SP 500 (SPX) SPY
12:15 NASDAQ (NDX) QQQ
14:35 Russell 2000 (RUT) IWM
15:45 DAX 40 (DAX)
17:22 FTSE 100 UKX (UK100)
19:21 S&P/ASX 200 (XJO)
22:44 End

Source: tradinglounge