Nasdaq 100 & S&P 500 Elliott Wave Update

Nasdaq 100 & S&P 500 Elliott Wave Update – Thursday, May 30

May 30, 2024Jeremy ParkinsonFinance, No picture0

Image Source: UnsplashBoth the NQ and ES continued lower for most of Thursday’s sessions – which aligns with some minor cycles heading into their respective “troughs” – between now and the beginning of June. I discuss the potential for the minuet 4th waves in both the NQ and ES may have completed at this afternoon’s lows, but I am leaving open the possibility that the markets will move down to the next Fib support levels before completing minute 4th waves and moving higher in the context of minuet 5th waves. I discuss the larger counts and where we are in those pictures and also add projections for the minuet 5th wave rallies still to come.Video Length: 00:26:11More By This Author:Nasdaq 100 & S&P 500 Elliott Wave Update – Tue, May 29
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