Stock Market Topping

Cutout paper illustration representing scheme and Stocks inscription

Image Source: Pexels


TradingLounge's Stock Market Report S&P 500 - NASDAQ 100 - RUSSELL 2000 - DAX 40 - FTSE 100 - ASX 200. Elliott Wave Analysis

Summary: Stock Indices are completing a corrective Wave iv). 
So they are also in their later stages of the trend up, so looking for the top is next. Looking for Friday and Monday to be bullish, just remember Indices are a ending process, dont expect too much.
Trading Strategies: managing risk on long trades, use trailing stops on current trades.

Video Length: 00:46:59

Video Chapters
00:00 SP 500 (SPX
11:11 NASDAQ (NDX)
17:06 Russell 2000 (RUT)
18:51 DAX 40 (DAX)
24:30 FTSE 100 UKX (UK100)
29:15 ASX 200 (XJO)
35:25 End


More By This Author:

Elliott Wave Technical Analysis: The Coca-Cola Company - Thursday, Nov. 16
Elliott Wave Technical Analysis: NEOUSD - Thursday, November 16
Elliott Wave Analysis: Commodity Markets - Wednesday, Nov. 15

Analyst Peter Mathers TradingLounge™ Australian Financial Services Licence - AFSL 317817

How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.