Nasdaq 100 & S&P 500 Elliott Wave Update

Nasdaq 100 & S&P 500 Elliott Wave Update – Thursday, July 11

Jul 11, 2024Jeremy ParkinsonFinance, No picture0

Image Source: UnsplashWhat a difference a day makes! Yesterday saw a surge in both the NQ and ES, which was followed by additional new all-time highs in both markets after the release of the latest CPI data. The difference being what followed today was a total rejection of the highs. I update the labeling in both markets – and added the Fibonacci retracement levels for the Minor 4th waves. Hopefully, MInor wave 4 will continue, I am still waiting for confirmation via a 5-wave decline on the hourly charts.Video Length: 00:34:31More By This Author:Nasdaq 100 & S&P 500 Elliott Wave Update – Tuesday, July 9Nasdaq 100 & S&P 500 Elliott Wave Update – Monday, July 8Weekly Technical Update: S&P 500 – Sunday, July 7