Elliott Wave Forecast: US, Euro, And Asian Indices On The Rise

Discover trading strategies for US markets, the rebound in Euro and Asian indices, and upcoming long trade setups with expert market analysis and financial forecasting.

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S&P 500, SPY, Nasdaq 100, QQQ, DAX 40, FTSE, ASX 200 Elliott Wave Analysis for Indices:
- Current Status: These indices are advancing towards higher levels as indicated by the Elliott wave count.
- Trading Strategy: Maintain long positions for the US markets.

Euro and Asian Indices:
- Recent Movement: These indices have rebounded from their lows, presenting the initial Elliott Impulse wave upward.
- SPY and QQQ:
  - The current impulse wave is still developing.
  - Patience is essential as we wait for them to peak and turn lower.
  - Plan to trade long on wave B of a Classic Trading Levels Pattern (CTLP).

Upcoming Trade Setup:
- Timing: Anticipate the next long trade setup to occur late Thursday or early Friday.
- Action: If Friday closes strongly, hold positions into the following week.

Video Length: 00:37:16


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