Image Source: PixabayS&P 500, Nasdaq 100, RUSSELL 2000, DAX 40, FTSE 100, ASX 200 Featuring Elliott Wave Technical AnalysisElliott Wave Analysis Indices: Wave Four SP500 and NasdaqIn this analysis, we delve into the current Wave Four patterns observed in the S&P 500 and Nasdaq indices. We explore potential short-term and long-term outcomes, highlighting the possibility of the correction completing in the next trading session. Following a brief dip, we anticipate a market uptrend; however, confirmation is needed to determine if this move is corrective or impulsive. Short-term traders are advised to trade cautiously. Additionally, we examine AAPL and NVDA, supporting the expectation of a low in the next session.Video Length: 00:28:59Video Chapters
00:00 SP 500 (SPX), SPY ETF
14:57 Nasdaq (NDX), QQQ ETF
18:19 Russell 2000 (RUT) IWM ETF
20:13 DAX 40 (DAX)
24:52 FTSE 100 UKX (UK100)
25:52 S&P/ASX 200 (XJO)
28:29 EndAnalyst Peter Mathers TradingLounge
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