Intuitive Surgical Inc., Elliott Wave Technical Analysis Intuitive Surgical Inc., (ISRG:NASDAQ): Daily Chart, 24 February 23, ISRG Stock Market Analysis: Looking for a completion of wave 2 t come soon as it seems to have unfolded as predicted. ISRG Elliott Wave Count: Wave {c} of 2. ISRG Technical Indicators: Below all averages. ISRG Trading Strategy: Looking for a bottom in wave 2 to then look for longs. TradingLounge Analyst: Alessio Barretta Source : Tradinglounge.com get trial here! Intuitive Surgical Inc., ISRG: 4-hour Chart, 24 February 23, Intuitive Surgical Inc., Elliott Wave Technical Analysis ISRG Stock Market Analysis: There is reason to believe wave {c} is completed as we also reached 0.618 {c} vs. {a} as well as we are in the area of wave {iv}. ISRG Elliott Wave count: Wave {c
The February FOMC meeting minutes of the Federal Reserve emphasized the determination to continue fighting against inflation, with officials still very concerned about inflation. The tight labor market continues to put upward pressure on wages and prices. Some officials hope to raise interest rates by 50 basis points, while others believe that the risk of an economic downturn is increasing and the debt ceiling issue also poses a risk. As a result, US stocks and bond prices narrowed their gains, with the $DJIA(.DJI)$ and $S&P 500(.SPX)$ turning lower in the last hour of trading. St. Louis Fed President Bullard reiterated the need to raise interest rates to a peak of 5.375% as soon as po