S&P 500 & DAX 30 Elliott Wave Analysis with ASX 200 (XJO) Technical Analysis - Trading Lounge

0 23
Avatar for tradinglounge
3 years ago
Topics: Market, Money

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

Overview: 10 Year Bond Yield spike with USD DXY placing pressure on stock. That said in Elliott terms I have been looking for a top in Indices, is this it?

S&P 500 Elliott Wave: Wave (v) of v) of 5 of (3)

SP500 Trading Strategy: Neutral

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

Overview: Possible top in play for the ASX200 XJO

ASX 200 Technical Analysis:In Elliott wave terms we are at a top of very close to it, the banks could take the ASX200 higher.
Resource are on the softer side, plus the US 10 Year yields have spiked and looking to move higher placing pressure on stocks and gold.

Trading Levels: ASX200 Resistance 7400

ASX200 Elliott Wave:Wavevof (v) of v) of 5 of (3)

ASX200 Trading Strategy: Thursday is normally the bear day in the Weekly Bullish Cycle, If Friday is bearish we will look to short.

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

Overview: DAX 30 15,800 resistance and possible top in place but unconfirmed. We will look for short trades on Friday if the trade set-ups have formed correctly.

Elliott Wave: Wave v of (iii) of v) of 5 of (3)

TradingLevels: DAX 30 15,500 is the critical support for the DAX

DAX30 Trading Strategy: Neutral

Peter Mathers tradinglounge

Looking to Refine Your Trading and Technical Analysis Skills?
TradingLounge's SPECIAL DEAL 3 Months for the Price of 1 Month https://tradinglounge.com/

#dax30#uk100#stoxx50

Free TradingLevels video course for beginners https://tradinglounge.com/trading-levels

=========================

Connect with Tradinglounge:
Visit Tradinglounge Website: https://www.tradinglounge.com/
Like Tradinglounge on FACEBOOK: https://www.facebook.com/tradinglounge/
Follow Tradinglounge on TWITTER: https://twitter.com/tradinglounge
Follow Tradinglounge on LINKEDIN: https://www.linkedin.com/company/trad...

=========================

Risk Disclaimer

As with any trading or investment opportunity there is a risk of making losses especially in day trading or investments that Trading Lounge expresses opinions on.
Note: Historical trading results are no guarantee of future returns.
Some investments are inherently more risky than others. At worst, you could lose your entire investment and more
TradingLounge™ uses a range of technical analysis tools, such as Elliott Wave, software and basic fundamental analysis as well as economic forecasts aimed at minimising the potential for loss.

The advice we provide through our TradingLounge™ websites and our TradingLounge™ Membership has been prepared without taking into account your particular objectives, financial situation or needs. Reliance on such advice, information or data is at your own risk.

The decision to trade and the method of trading is for you alone to decide, tradinglounge takes no responsibility whatsoever for your trading losses or profits.

1
$ 0.00
Avatar for tradinglounge
3 years ago
Topics: Market, Money

Comments