S&P 500, ASX 200 and DAX 30 Elliott Wave Analysis

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2 years ago
Topics: Finance

S&P 500 [SPX] NASDAQ [NDX] AMZN, GOOG, AAPL,SQ, FB,TSLA Technical Analysis Elliott Wave Trading

Overview: Our Bullish weekly cycle can have Thursday as softer and Friday Monday positive. We are close to a top but not there yet, that said there are stocks that lead and stocks that follow, so a top/turn is not always clean.

S&P 500 Elliott Wave: Looking for the top of Wave 3

SP500 Trading Strategy: Neutral

ASX200, CBA ,ANZ, BHP, RIO, FMG, IRON ORE, COPPER, CRUDE, AUDUSD GOLD NCM Technical Analysis Elliott Wave

Overview: Considering a short term top in place for the ASX200

ASX 200 Technical Analysis:7300 is the resistance and in a few days the banks will have topped, which in turn will drag the ASX200 lower.

Trading Levels: ASX200 Resistance 7300

ASX200 Elliott Wave:Wave v of (v)

ASX200 Trading Strategy: Neutral

DAX 30 | UK100 | FTSE 100 | STOXX 50 Technical Analysis Elliott Wave Trading

Overview: The 15,500 is critical as support, if breached then expect further downside. that said I'm looking for further upside.

Elliott Wave: Tracking two counts

TradingLevels: FTSE support 7,000. DAX 15,500 a breach of these creates a bearish outlook DAX30

Trading Strategy: Neutral

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