Technical Analysis Elliott Wave DAX 30 | UK100 | FTSE 100 | STOXX 50
Overview: A softer Dax 30 forces me to look at thebearish side as Wave 4 bullish correction back to the 15,000 and under 7000 for the UK100
DAX30 Technical Analysis: looking at the bearish and bullish counts
Elliott Wave: Wave (iii) of 3 or c) of 4
TradingLevels: If the 15,500 becomes the resistance then expect the market lower to 15000
DAX30 Trading Strategy: Neutral
Technical Analysis Elliott Wave ASX200, CBA ,ANZ, BHP, RIO, FMG, IRON ORE, COPPER, CRUDE, AUDUSD GOLD NCM
S&P/ASX 200 Technical Analysis Overview: 7300 as support for the ASX200 to create long trades
ASX 200 Technical Analysis: CBA has retraced to its 38.2% as Wave iv) this will support the ASX200 and with a move higher in due course.
Trading Levels: ASX200 support 7250 and 7200
ASX200 Elliott Wave:Wave iv) still in progress, being dominated by the finance sector which we can see in CBA Wave iv) pattern
ASX200 Trading Strategy: Long above 7280 and 7300
Technical Analysis Elliott Wave SP 500 [SPX] NASDAQ [NDX] AMZN, GOOG, AAPL,SQ, FB,TSLA
S&P500 Technical Analysis: No change.Trending higher in line with the main trend
S&P 500 Elliott Wave: Wave i of (iii) of iii) of 5 of (3)
SP500 TradingLevels: 4,300 is a Minor Level and also the top of Minor Group1. Tested Support on this level with a Classic TradingLevels pattern
will set the support for the next Minor Level 4,500 (mTL5|4500)
SP500 Trading Strategy: Risk On. Buy new highs and buy the dips as the trend is strong. We will look to add to long positions on tested support of 4500
Peter Mathers TradingLounge
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The S&P 500, or simply the S&P, is a stock market index that measures the stock performance of 500 large companies listed on stock exchanges in the United States. It is one of the most commonly followed equity indices. Wikipedia
The NASDAQ Composite is a stock market index that includes almost all stocks listed on the Nasdaq stock market. Along with the Dow Jones Industrial Average and S&P 500 Index, it is one of the three most-followed stock market indices in the United States. Wikipedia
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