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Elliott Wave Analysis: Stock Market

FingerMotion (FNGR) fans say 93% is not enough, stock adds another 20% before sell-off

Elliott Wave Stocks SP500, AAPL, AMZN, NVDA, TSLA, GOOGL, BRK, BLOCK, META, NFLX, ENPH, MSFT, BAC.The release of Consumer Price Index (CPI) figures and jobless claims data could have a significant effect on the current upward trend in the stock market. Despite the market showing an overall increase, there is a decrease in trading volume and indications of divergence, suggesting that the rally could be a corrective one. The upcoming release of CPI and jobless claims data may provide insight into whether or not a turning point in the corrective rally is likely to occur.

Written by Paul Hough