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Elliott Wave Analysis & Forecasts: S&P 500, Nasdaq 100, DAX 40, FTSE 100, ASX 200

Market Summary:

Current structure: Wave (iii) of c) of 4 of (1)
The US indices show varied short-term structures, but medium-term trends are expected to align.

🌐 Index-Specific Elliott Wave Counts:
 

S&P 500 (SPX)
📉 Position: Wave (v) of v) of 3 of (1)
Outlook: Potential final push higher before Wave 4 correction.

Nasdaq 100 (NDX)
📉 Position: Wave (v) of v) of 3 of (1)
Outlook: Aligning closely with SPX, expect possible short-term rally followed by consolidation.

DAX 40 (Germany)
📉 Position: Wave a) of 4 of (1)
Outlook: Entering corrective phase, watch for pullback targets.

FTSE 100 (UKX)
📉 Position: Wave a) of 4 of (1)
Outlook: Similar to DAX, currently in corrective territory.

ASX 200 (XJO - Australia)
📉 Position: Wave (v) of v) of 3 of (1)
Outlook: Likely continuation to complete current wave count.

🗓 Upcoming Economic Events to Watch
 

• June 19 – Juneteenth Holiday (US Markets Closed)

• *Bank of England Interest Rate Decision (UK)

Video Length: 00:29:27

Video Chapters

• 00:00 – S&P 500 (SPX), SPY, ES Futures
• 13:24 – Nasdaq 100 (NDX), QQQ, NQ Futures
• 18:39 – DAX 40 (DAX)
• 21:00 – FTSE 100 (UKX)
• 24:32 – ASX 200 (XJO), SPI Futures

👤 About the Analyst

Peter Mathers – TradingLounge
A leading expert in Elliott Wave trading, Peter delivers clear, actionable forecasts and market strategies for both novice and professional traders.

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