SP500 Elliott Wave Analysis
SP500 Elliott Wave Theory in Action

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Archive by author: Peter MathersReturn
April 2023
Stock trends have Elliott Wave Impulse waves trending higher and of course Q1 Earnings are warming up. 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 and Bank of America BAC.
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SD is trending lower helping commodities higher. When the USD fixes a low in place as Wave 5 of (1) this will create tops for Gold, Silver Copper and Indices etc. US Bond Yields, Dollar DXY, US Gold, Silver, Copper, Lithium, Nickel, Crude Oil, USO, Natural Gas, UNG.
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Today I give a different take on the move up, bringing it in line with Forex, Indices and Gold, these are piviting off the USD Bitcoin BTC/USD and Ethereum ETH/USD
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USD DXY lower into Wave 5 of (1) and the DAX, FTSE, GBP and EURUSD higher towards 5 of (1) DAX 40 - FTSE 100 - DXY - GBPUSD - EURUSD
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