Stock Market SP 500, Nasdaq 100 NDX, Russell 2000 RUT. Dow Jones Industrial (DJI) Elliott Wave Technical Analysis and Trading Strategies.
US Markets News Today: Inflation came in much faster than expected, bad news for the Fed
The Consumer Price Index rose 8.2 percent in the year through September, another stubbornly high result driven by more costly food, rent, and other items.
Elliott Wave Market Summary: The sharp move up in the markets is Impulsive, five wave. So let it fade lower for the trade setup
Elliott Wave count: (c) Wave ii)
Day / Trend Trading Strategies: Looking at trade setups for long trades and short trades
Video Length: 00:25:29
Video Chapters
00:00 S&P500
20:50 NASDAQ 100 (NDX)
21:47 Dow Jones (DJI)
23:47 Russell 2000 (RUT)
25:29 End. Thanks for supporting!
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Disclosure: As with any trading or investment opportunity there is a risk of making losses especially in day trading or investments that Trading Lounge expresses opinions on. Note: Historical trading results are no guarantee of future returns. Some investments are inherently more risky than others. At worst, you could lose your entire investment and more TradingLounge™ uses a range of technical analysis tools, such as Elliott Wave, software and basic fundamental analysis as well as economic forecasts aimed at minimising the potential for loss. The advice we provide through our TradingLounge™ websites and our TradingLounge™ Membership has been prepared without taking into account your particular objectives, financial situation or needs. Reliance on such advice, information or data is at your own risk. The decision to trade and the method of trading is for you alone to decide, tradinglounge takes no responsibility whatsoever for your trading profits or losses. This information is of a general nature only, so you should, before acting upon any of the information or advice provided by us, consider the appropriateness of the advice in light of your own objectives, financial situation or needs. Therefore, you should consult your financial advisor or accountant to determine whether trading in Indices Stocks shares Forex CFDs Options Spread Betting derivatives of any kind / products is appropriate for you in light of your financial trading circumstances.