![Key insights on S&P 500, Nasdaq 100, and global indices [Video]](https://editorial.fxstreet.com/images/Markets/Equities/SP500/wall_street_nyse2-637299021353183737_Large.jpg)
Today’s Stock Market Indices Overview
S&P 500, SPY, NASDAQ 100, QQQ, RUSSELL 2000, DAX 40, FTSE 100, ASX 200. Featuring Elliott Wave Technical Analysis
Elliott Wave Analysis Indices: Triple Witching Friday 21 June
– SP500 and NASDAQ 100: Both indices are in Elliott Wave v of (iii) of iii) of 3 of (5) of 3) of I. The ETFs SPY and QQQ share the same pattern.
– RUT (IWM), DAX, and FTSE 100: These indices are struggling to lift off lows. They may need another low to complete their corrective patterns. We are looking for long trade setups if certain levels are met.
– ASX 200: Needs to develop support at 7800 to confirm an uptrend and avoid a larger Elliott Wave Triangle pattern.
Trading Strategies:
– Holding long positions in SP500, NASDAQ, SPY, and QQQ, which are currently the best trade positions.
Video Chapters
00:00 SP 500 (SPX), SPY ETF
07:27 NASDAQ (NDX), QQQ ETF
13:39 Russell 2000 (RUT) IWM ETF
15:15 DAX 40 (DAX)
16:33 FTSE 100 UKX (UK100)
19:18 S&P/ASX 200 (XJO)
25:39 End
Analyst Peter Mathers TradingLounge
Source: https://www.fxstreet.com/news/elliott-wave-analysis-key-insights-on-sp-500-nasdaq-100-and-global-indices-video-202406192215