Image Source: UnsplashBoth the ES and the NQ continued to churn for much of Monday’s trade. I focused on the hourly chart to update the picture. Expectations remain for the current preferred count to move higher before completing. I update the EW labeling to include today’s action – also add Fibonacci extensions for a possible path higher.Video Length: 00:22:03More By This Author:Weekly Technical Update: S&P 500 – Sunday, June 2Weekly Technical Update: Nasdaq – Sunday, June 2Nasdaq 100 & S&P 500 Elliott Wave Update – Thursday, May 30