![Pinterest](https://pinterest.com/pin/create/button/?url=https://bollspel.com/uncovering-elliott-wave-strategies-watch-the-video-now/&media=https://bollspel.com/wp-content/uploads/2023/12/10547-uncovering-elliott-wave-strategies-watch-the-video-now.jpg&description="Learn powerful Elliott Wave strategies in this insightful video. Watch now for expert tips on uncovering market trends and maximizing your trading success."){kind=link}
Get the latest Stock Market Report for the S&P 500, NASDAQ 100, RUSSELL 2000, DAX 40, FTSE 100, and ASX 200 along with Elliott Wave Analysis.
Summary: The markets are on the rise as we head towards the end of the week. Lower volumes are expected and the Nasdaq 100 is approaching late 2022 old highs with the SP500 not far behind. Although double tops are not always indicators of the end of a trend, we are likely to see profit-taking leading to corrective patterns until the last top becomes the tested support for the main trend to continue higher. The wave count in the leading tech stocks supports this.
Watch the video for a detailed analysis of SP 500 (SPX), NASDAQ (NDX), Russell 2000 (RUT), DAX 40 (DAX), FTSE 100 UKX (UK100), and ASX 200 (XJO).
Analyst Peter Mathers from TradingLounge™, Australian Financial Services Licence – AFSL 317817, provides these insights. Access Trial at tradinglounge.com. Please note that TradingLounge is closing for Xmas from 20 Dec to 8 Jan. Thank you for your support, we wouldn’t be here without you!
As always, consider the risks involved with any investment opportunity. Historical results are not indicative of future returns. TradingLounge™ uses various technical analysis tools, software, and basic fundamental analysis to minimize potential losses. Our advice is prepared without considering your personal financial situation, so it’s important to consult your financial advisor or accountant before making any trading decisions.