Image Source: PexelsStock Market Indices Overview: S&P 500, Nasdaq 100, RUSSELL 2000, DAX 40, FTSE 100, ASX 200 – Featuring Elliott Wave Technical AnalysisDive into an in-depth Elliott Wave analysis of major global stock indices, including the S&P 500, Nasdaq 100, Russell 2000, DAX 40, FTSE 100, and ASX 200.Elliott Wave Analysis of Major Indices
Nasdaq & S&P 500: The market is currently navigating through Minute Wave iv) of 3 of (1), with corrective patterns unfolding as indices edge higher in Minor degree wave 3.
DAX 40, FTSE 100, ASX 200: These indices are mirroring the U.S. markets, also experiencing a Minute Wave iv) correction, with a potential retracement of up to 38%. This corrective phase is part of a broader impulse wave pushing higher.Key Upcoming Events:
Jackson Hole Economic Symposium: August 22-24
FOMC Meeting Minutes
Unemployment Claims
Flash Manufacturing PMI
Flash Services PMIAnalyst: Peter Mathers, TradingLounge
Source: TradingLoungeVideo Length: 00:18:29More By This Author:Euro/U.S. Dollar (EUR/USD) Forex Elliott Wave Technical Analysis
Elliott Wave Technical Analysis: HCLTech
Unlocking ASX Trading Success: Rea Group Ltd – Tuesday, Aug. 20
