SP500 Elliott Wave Analysis
SP500 Elliott Wave Theory in Action

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May 2023
Stronger USD DXY Wave iii of (iii) of iii) of C of (2) up, seeing Gold and Silver retrace for Wave 2. US Bond Yields, Dollar DXY, US Gold, Silver, Copper, Lithium, Nickel, Crude Oil, USO, Natural Gas, UNG.
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USD trending higher placing pressure on the sterling and Euro Dollar. DAX 40 will push higher once Wave iv) is completed in a few sessions DAX 40 - FTSE 100 - DXY - GBPUSD - EURUSD
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Strong USD DXY softer AUD and commodities, the banks dont look any beeter either, making the ASX200 edge lower ASX200 CBA BHP RIO FMG NCM Gold Lithium Nickel Copper DXY AUDUSD Elliott Wave Analysis
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NASDAQ 100 - Monday morning slightly lower and recovering in the afternoon. Stocks are still in an uptrend, however many of them are in small bullish corrections that will complete in a session of two. NASDAQ & NYSE. SP500,NASDAQ 100, Apple (AAPL),Tesla (TSLA), Amazon (AMZN), Nvidia (NVDA), Microsoft MSFT, Berkshire Hathaway (BRK/B), Block, Inc (SQ), Meta Platforms, Netflix (NFLX), Enphase (ENPH), Alphabet GOOGL,Bank of America BAC and Johnson & Johnson (JNJ)
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