SP500 Elliott Wave Analysis
SP500 Elliott Wave Theory in Action

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Archive by author: Peter MathersReturn
March 2023
The USD DXY is still pointing higher and support on DXY 105 will create further weakness for commodities US Bond Yields, Dollar DXY, US Gold, Silver, Copper, Lithium, Nickel, Crude Oil, Natural Gas
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I'm following big tech stocks like Apple, Google etc. to set the wave count for the Nasdaq and Sp500 on the bullish side of the market, however I also look at the bigger bearish count for the SP500 and when that would set up. SP500 - NASDAQ 100 - RUSSELL 2000 - DOW JONES
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FTSE 100 drop and the DAX 40 turning lower. Note: Support back on 105 for the USD DXY will create pressure for indices and FX pairs. Elliott Wave Analysis DAX40 with top in place Wave (1) DAX 40 - FTSE 100 - DXY - GBPUSD - EURUSD
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Big tech stocks still have a bullish pattern and Banks have bearish patterns and Indices have more downside in the next session SP500 - NASDAQ 100 - RUSSELL 2000 - DOW JONES
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