Elliott Wave Analysis: US Indices - Friday, Aug. 25

Cutout paper illustration representing scheme and Stocks inscription

Image Source: Pexels

Summary: Wave (i) of c) of 2 or 4. It appears that the current rally up for stocks and indices is completed and now the journey is lower
Trading Strategies: Short Wave (ii), that is the Wave b of (ii)

Elliott Wave Count:
SP 500: Wave (i) of c) of 2
Nasdaq 100: Wave (i) of c) of 2
Russell 2000: Wave (i) of v)
DAX 40: Wave Wave i) of C
FTSE 100: Wave i) of 5
ASX 200: Wave (i) of v)

Video Length: 00:33:29