SP500 Elliott Wave Analysis
SP500 Elliott Wave Theory in Action

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February 2023
Expecting further downside as a bullish corrective pattern The US stock market is currently experiencing a bullish corrective pattern, with indices such as the SP500, NASDAQ 100, Russell 2000, and Dow Jones expected to move lower. In terms of trading strategies, short trades are currently preferred by market analysts. This is because the bullish corrective pattern and the strength of the USD are both expected to continue, leading to lower prices in the US stock market.
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Wednesday and Thursdays swing day in Bullish weekly cycle SP500, 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. XFL Finance Sector ETF, JPMorgan JPM & Bank of America BAC, Goldman Sachs Group Inc (GS)
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Strong USD Turns resources lower. Banks still edging higher, creating choppy ASX200 possible top... Stock Market Investing S&P/ASX 200 Elliott Wave Technical Analysis
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Bullish Impulse wave structure moving higher SP500 | NASDAQ | Russell 2000 | Dow Jones: Elliott Wave Technical Analysis Content: SP500 - NASDAQ 100 - RUSSELL 2000 - DOW JONES
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