SP500 | DOLLAR | NASDAQ | Russell 2000 | Dow Jones Elliot Wave Analysis 10 Feb 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.
Video Chapters
00:00 S&P500
19:43 NASDAQ 100 (NDX)
22:22 Russell 2000 (RUT)
24:01 Dow Jones (DJI)
29:54 TRIAL Buy 1 Month Get 3 Months
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