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By tradinglounge · Posted
Elliott Wave Analysis Major Indices: S&P 500, NASDAQ 100, RUSSELL 2000, DAX 40, FTSE 100, ASX 200 We are monitoring bullish Elliott Wave patterns across major indices, particularly the S&P 500, NASDAQ 100, and DAX 40. Currently, these indices are in Wave (iii) of iii) at the minute degree. Our strategy involves holding long positions until reaching Minute Wave v) before considering an exit. The ASX 200 and FTSE 100 are trailing behind, positioned at Wave (i) of iii). Upcoming U.S. economic data releases—specifically the Core CPI and Unemployment Claims—could influence market dynamics in the next session, so staying informed is crucial. Elliott Wave Analysis Comprehensive analysis for major indices: 00:00 SP 500 (SPX) 09:37 NASDAQ (NDX) 14:49 Russell 2000 (RUT) IWM ETF 16:18 DAX 40 (DAX) 24:33 FTSE 100 UKX (UK100) 26:28 S&P/ASX 200 (XJO) 30:55 End Analyst Peter Mathers TradingLounge -
By InvestmentsIG · Posted
Hey Merrybyname, I managed to trade CNP now on my demo. Could you send through some screenshots? -
By CryptoChamp · Posted
Ethereum’s price has been stable between $2,400 and $2,500 despite recent market volatility. Investors are paying close attention to the cryptocurrency, wondering if now is the right time to buy. This interest in ETH price prediction has increased following recent comments by Ethereum co-founder Vitalik Buterin. Buterin’s Comments Fuel Optimism Vitalik Buterin emphasized the importance of charitable donations and highlighted the role of memecoins like Ebull, which contribute to various charitable causes. Buterin recently donated 10 billion tokens to support anti-airborne disease technology, calling on the community to get involved in decentralized autonomous organizations (DAOs). His remarks have boosted confidence in Ethereum, with many seeing it as a positive sign for the asset’s future. Technical Analysis: Key Resistance Levels Ethereum is currently facing resistance around $2,450. If the price breaks above this level, it could climb towards $2,500, with potential further gains up to $2,580. However, if Ethereum fails to clear the $2,450 resistance, it may initiate another downward move, with support at $2,420 and stronger support at $2,400. Downside Risks A drop below $2,400 could lead to further declines, with Ethereum potentially falling to $2,320 or even $2,250 if selling pressure continues. The next significant support level lies at $2,120, which could act as a floor if the price experiences a deeper correction. Ethereum shows both bullish potential and downside risks. Investors should closely monitor key support and resistance levels to decide whether it’s the right time to invest in the asset.
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Guest maringachrisen
Hello there!
How to trade on IG ?
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