Wild day in the markets — starting with the CPI and finishing with the Fed and AVGO earnings. Both the ES and the NQ continue to be extended as both reach higher to complete upside sequences within Minor 3rd waves. That remains the picture for now — however, the extensions are brutal and parabolic in nature. I’ve updated the labeling and the Fibonacci resistance levels.Video Length: 00:20:06More By This Author:S&P 500 & Nasdaq 100 Elliott Wave Daily Update
Weekly Technical Update: Nasdaq – Sunday, June 9
Nasdaq 100 & S&P 500 Elliott Wave Update – Thursday, June 6
