Nasdaq 100 & S&P 500 Elliott Wave Update

Nasdaq 100 & S&P 500 Elliott Wave Update – Thursday, July 18

Jul 18, 2024Jeremy ParkinsonFinance, No picture0

Image Source: UnsplashToday, it appeared that it was the turn of the DJIA and RTY to turn lower with the DOW closing down 500+ points. The NQ initially move higher to complete a small 4th wave with the market moving to fresh new lows @-19759 to complete the internal 3 of 3 as labeled. Thus far the markets continue to be moving lower within the framework of Minor 4th waves. Tomorrow is expiration for July, and it could contain several points of quick flipping between declines and rallies. In the context of the current move the declines should be stronger than the rallies. Volume was much stronger on Thursday with the futures for Sept totaling 952,000.Video Length: 00:18:49More By This Author:Nasdaq 100 & S&P 500 Elliott Wave Update – Wednesday, July 17Nasdaq 100 & S&P 500 Elliott Wave Update – Tuesday, July 16S&P 500 And Nasdaq 100 Elliott Wave Daily Update