Image Source: UnsplashUpdated the charts as the markets remain basically in a “box.” Both continue to carry the potential to move up and complete the internal “b” waves of Minor 4th waves — or drop to new lows to complete the minuet 5th waves of the internal minute “a” waves of Minor 4th waves. I also discuss the “flows” and how the “inception point” the point where the “risk off/risk on trade” kicks in has changed in both the S&P and Nasdaq. Also, review the “flows” as it pertains to the moves ‘outstanding.” I also bring AAPL into the analysis picture with a quick look starting from the monthly chart.Video Length: 00:26:59More By This Author:Weekly Technical Update: S&P 500 – Sunday, July 28
Weekly Technical Update: Nasdaq 100 – Sunday, July 28
Nasdaq 100 & S&P 500 Elliott Wave Update – Thursday, July 25