Elliott Wave Analysis: SP500,NASDAQ 100, DAX 40, FTSE 100, ASX200.
Insights & Strategies Stock Market Report S&P 500, NASDAQ 100, RUSSELL 2000, DAX 40, FTSE 100, ASX 200. Elliott Wave Technical Analysis Update on Elliott Wave Analysis: A favorable Core PPI bodes well for the USD, leading to higher yields, lower bonds, and a stronger dollar which impacts various stocks either positively or negatively. Despite this, indices and stocks are on an upward trend in the primary movement, and I plan to stick with this direction.
It details when and how to purchase during a dip with the initial Elliott wave impulse wave upward. For continued optimism, we need the US indices to show positive momentum in Friday morning's session. Without it, according to Elliott wave terminology, we might be entering a more significant correction phase, Wave 4 of , a position the DAX 40 is nearing.