Image Source: PexelsMonday’s trade sort of left me and others “scratching their heads” with the likely turn back towards “risk on” trading. Not sure if that is the case just yet, so I am leaving much of the chart in tandem with regard to the Elliott labeling and allowing for another day of trading to clear up the “counts.” I do review the current preferred and alternate counts taking into consideration today’s trade — I’m just not labeling this yet.Video Length: 00:40:36More By This Author:Weekly Technical Update: Nasdaq 100 – Sunday, Sept. 8
Weekly Technical Update: S&P 500 – Sunday, Sept. 8
Nasdaq 100 & S&P 500 Elliott Wave Update – Wednesday, Sept 4