SP500 Elliott Wave Analysis
SP500 Elliott Wave Theory in Action

30Jan

SP500 | NASDAQ | Russell 2000 | Dow Jones: Elliott Wave Technical Analysis 31 Jan 2023

Peter Mathers |30 Jan, 2023 | 0 Comments | Return|

SP500 | NASDAQ | Russell 2000 | Dow Jones: Elliott Wave Technical Analysis 31 Jan 2023

Corrective pattern lower

Stay informed on the latest market trends with our expert analysis of the US stock indices: SP500, NASDAQ, Dow Jones, and Russell 2000. Our analysis suggests the current decline in the market is corrective and could turn into a full five-wave impulse move, leading to a deeper drop.


Keep a close eye on the USD DXY as the Federal Reserve's meeting on Wednesday may impact the market. If 102 serves as a support for the dollar, it could result in further gains for the dollar and losses for global indices, forex, and commodities. For the best trading results, we recommend waiting for the outcome of the Fed

Video Chapters
00:00 S&P500
23:22 NASDAQ 100 (NDX)
25:28 Russell 2000 (RUT)
29:42 Dow Jones (DJI)
21:28 TRIAL Buy 1 Month Get 3 Months

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The material does not contain (and should not be construed as containing) personal financial or investment advice or other recommendations, or an offer of, or solicitation for, a transaction in any financial instrument. The information does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it. TradingLounge accepts no responsibility for any use that may be made of these comments and for any consequences that result.
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