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Stock Market Report S&P 500 – NASDAQ 100 – RUSSELL 2000 – DAX 40 – FTSE 100 – ASX 200. Elliott Wave AnalysisSummary: The Federal Reserve leaves interest rates unchanged (5.00-5.25%) and indicates at least three rate cuts are coming in 2024.
Elliott Wave counts are still on track toward Wave 1 top for the SP500, NDX, DAX. Which is also in line with stocks. The Fed’s comments on rate cuts next year have spiked the markets as usual, but no change in counts, the USD DXY down into v) of 1, US yields down towards Wave 1, and TLT Bonds up towards Wave 1 of (A).Video Length: 00:30:34Video Chapters
00:00 SP 500 (SPX)
04:22 NASDAQ (NDX)
09:03 Russell 2000 (RUT)
10:12 DAX 40 (DAX)
11:28 FTSE 100 UKX (UK100)
14:02 ASX 200 (XJO)
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