Elliott Wave Analysis: S&P500, German DAX and USDNOK Intra-day Updates 

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Gregor - Author BIO photo

E-mini SP500 futures are slightly turning down at the start of the US sessions, but may not be nothing exciting ahead of the FOMC decisions when real bears may show up if our technical view is correct. German Dax can be in similar path.

S&P500, 1h

intraday sp500

German DAX, 1h

intraday dax

 

USDNOK remains trapped in consolidation; looking for higher wave b/two still, towards ideal 9.04/9.06 resistance level. H&S suggests the same thing; fall after a completion of a right shoulder.

USDNOK, 4h

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Disclosure: Please be informed that information we provide is NOT trading recommendation or investment advice. All of our work is for educational purposes only.

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By Gregor Horvat

Find more: Contributing Author

 

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