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S&P 500, Nasdaq 100, RUT, DAX 40, FTSE 100, ASX200 Elliott Wave Trading Strategies
The current analysis of the market suggests that Elliott Wave iv) is on the verge of completing its course, revealing distinct patterns characterized by leaders and followers. Strategic long trades are formulated by identifying new highs or capitalizing on Classic Trading Levels Patterns (CTLP) as viable setups. Moreover, the significance of Friday's closing strength plays a crucial role in shaping the course of action.

A robust Friday closure should serve as a catalyst for traders to hold positions over the weekend, anticipating a sustained momentum into Monday. Conversely, a weak Friday closing prompts a cautious approach, leading to the tightening of stops and potential profit-taking measures. Regarding trading strategies, the emphasis lies in maintaining positions at elevated levels, aligning with the evolving dynamics of the market. This approach aims to capitalize on the unfolding patterns and trends within the Elliott Wave framework.

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