S&P500, Nasdaq, DAX, FTSE, ASX trading setups [Video]

Elliott Wave Analysis & Forecasts: S&P 500, NASDAQ 100, DAX 40, FTSE 100, ASX 200

Market summary

Current structure: Wave (iii) of c) of 4 of (1).

The US indices show varied short-term structures, but medium-term trends are expected to align.

Index-specific Elliott Wave counts

S&P 500 (SPX)

Position: Wave (v) of v) of 3 of (1).
Outlook: Potential final push higher before Wave 4 correction.

NASDAQ 100 (NDX)

Position: Wave (v) of v) of 3 of (1).
Outlook: Aligning closely with SPX, expect possible short-term rally followed by consolidation.

DAX 40 (Germany)

Position: Wave a) of 4 of (1).
Outlook: Entering corrective phase, watch for pullback targets.

FTSE 100 (UKX)

Position: Wave a) of 4 of (1).
Outlook: Similar to DAX, currently in corrective territory.

ASX 200 (XJO – Australia)

Position: Wave (v) of v) of 3 of (1).
Outlook: Likely continuation to complete current wave count.

Upcoming economic events to watch

• June 19 – Juneteenth Holiday (US Markets Closed).
• Bank of England Interest Rate Decision (UK).

Video chapters – Watch today’s Elliott Wave breakdown

• 00:00 – S&P 500 (SPX), SPY, ES Futures.
• 13:24 – NASDAQ 100 (NDX), QQQ, NQ Futures.
• 18:39 – DAX 40 (DAX).
• 21:00 – FTSE 100 (UKX).
• 24:32 – ASX 200 (XJO), SPI Futures.

A leading expert in Elliott Wave trading, Peter delivers clear, actionable forecasts and market strategies for both novice and professional traders.