Image Source: PexelsMore of an ‘inside day’ that didn’t get much traction in either direction. Still, the morning as choppy as it was produced a few moves that provided some trades. Tonight, I review the continuing Minor 4th waves to include an “irregular b wave” in the S&P 500 and the possibility for a “c” wave failure within the ‘b’ wave on the Nasdaq 100. I also discuss some of the internals to the current moves that suggest or support the ongoing Minor 4th wave pattern. The markets may elect to basically trade horizontally versus vertically until the entire FED policy committee finishes speaking throughout Thursday’s sessions and the PCE data on Friday pre-market.Video Length: 00:27:28More By This Author:Weekly Technical Update: S&P 500 – Sunday, Sept. 22Weekly Technical Update: Nasdaq 100 – Sunday, Sept. 22Nasdaq 100 & S&P 500 – Elliott Wave Daily Update
