Nasdaq 100 & S&P 500 Elliott Wave Update

Nasdaq 100 & S&P 500 Elliott Wave Update – Wed, May 15

May 15, 2024Jeremy ParkinsonFinance, No picture0

Image Source: UnsplashVIX expiration today, once completed it was back to business which was to sell the VIX and buy the underlying volatility. Implementing the trade is a self-fulfilling trade. Nonetheless, the NQ and ES went parabolic at times both reaching existing highs (NQ) and new highs (ES). I have turned my focus to the 4-hour chart and under for both markets as well — leaving analysis to remain more daily to weekly so to speak. I update the EW labeling (starting with the 4-hour chart) I also adjust Fibonacci levels (Retracements and Extensions) for tomorrow.Video Length: 00:17:10More By This Author:S&P 500 And Nasdaq 100 Elliott Wave Update – Tue, May 15
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