Deciphering Market Trends: The Role Of CPI In Shaping Elliott Wave Forecasts For Key Indices
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Stock Market Report S&P 500, Nasdaq 100, RUSSELL 2000, DAX 40, FTSE 100, ASX 200 Elliott Wave Technical Analysis
Elliott Wave Analysis Indices: CPI Figures spike indices lower towards 38% as Minor Wave 4 for the SP500, Nasdaq 100, and the DAX 40. IWM can dip a little lower to complete Wave (v) of c) of 2. The FTSE 100 count is Wave ii of (v) of iii) so it can continue to move higher in due course. ASX200 and CBA's Wave ii) may need to be extended slightly lower and looking for a bullish up move on Friday.
Analyst Peter Mathers TradingLounge™ Australian Financial Services Licence - AFSL 317817
Source: tradinglounge.com
Video Length: 00:30:05
Video Chapters
00:00 SP 500 (SPX) JPM, BAC, XLF Finance Sector
13:16 Nasdaq (NDX)
14:45 Russell 2000 (RUT)
16:29 DAX 40 (DAX)
20:08 FTSE 100 UKX (UK100)
24:09 S&P/ASX 200 (XJO)
30:05 End
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Analyst Peter Mathers TradingLounge™ Australian Financial Services Licence - AFSL 317817