Stocks Hold Trend, Crypto Correction Over? | IWM, BTC, ETH, XRP Outlook
Markets review, strategy and analysis
In today’s video, I return after a short break to assess the health of the markets. Despite the seasonally weak months of September and October, equity indices including SP500, NDX, and IWM continue to maintain their bullish structures. I also dive into the crypto markets where Bitcoin (BTC), Ethereum (ETH), and XRP are correcting recent gains but finding support. I explain what levels matter most and what I’m watching going forward. My long exposure continues, especially in small caps which may benefit from rate cut optimism by the Fed.
📈 Topics Covered:
Market structure after new highs
Key support zones in crypto (BTC, ETH, XRP)
Why I like IWM under rate cut narrative
If you’re new to Elliott Wave or need to refresh, there is a 7-hour video course with downloadable slides under EW Course tab on the website.
You can find it HERE.
Cris,
EWCafe
Welcome back Cris. I’m liking IWM’s structure.