Nasdaq 100 & S&P 500 Elliott Wave Update

Nasdaq 100 & S&P 500 Elliott Wave Update – Wednesday, July 31

Jul 31, 2024Jeremy ParkinsonFinance, No picture0

Image Source: UnsplashI’m glad I marked yesterday’s after-market lows as the completion point for minute “a” of Minor 4. Due to the market putting in a strong rally ahead of the FED decision and META’s earnings. I noticed that the dispersion trade was likely back in motion today as the VIX was sold and the underlying volatility was being bought. Interesting to watch large capital move from place to place. It can make day trading and swing trading easier. I also include again data on the “flows” capital flows, options flows and gamma flows. This is helpful due to strong breaks above levels that should hold and when broken create a stronger response from the market — making trading them easier and more profitable. I update the EW labeling as I continue to look for minute “b” of Minor 4 to continue.Video Length: 00:35:40More By This Author:Nasdaq 100 & S&P 500 Elliott Wave Update – Tuesday, July 30Nasdaq 100 & S&P 500 Elliott Wave Update – Monday, July 29Weekly Technical Update: S&P 500 – Sunday, July 28