TradingLounge's Stock Market Report S&P 500 - NASDAQ 100 - RUSSELL 2000 - DAX 40 - FTSE 100 - ASX 200. Elliott Wave Analysis
Summary: SP500 Elliott Wave iii) of 1 of (5). The Nasdaq 100 has a different count and of course these different counts are coming from the tech stocks having a few different patterns in their journey higher, partly because they had their lows at different dates. The main point is that we are in a bullish trend higher.
Trading Strategies: Markets will move higher and will take a good few days to reach a top of Wave 1, the main trend trade will be the Wave 2 retracement that could be next week. Day traders can continue to trade higher.

Video Length: 00:15:22

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