Rob Roy from EWO Trader provides his Elliott Wave analysis for stock, crypto and options traders. He starts with how Chairman Powell’s testimony influenced market sentiment, initially sounding hawkish but later suggesting potential rate cuts, bolstering market confidence. Jobless claims, slightly higher than expected, saw the market resume an upward trajectory. Rob also discusses interest rates, debt levels, and the dollar’s performance offer insights into market dynamics. The Dow and Russell indices show signs of consolidation and potential upside, while Bitcoin experiences a significant vertical climb, indicating growing interest in alternative currencies. :: How to Subscribe to TRADEFINDER LIVE! for Free :: —————————————————————————
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