Nasdaq 100 & S&P 500 Elliott Wave Update

Nasdaq 100 & S&P 500 Elliott Wave Update – Thu, May 23

May 23, 2024Jeremy ParkinsonFinance, No picture0

Image Source: UnsplashBoth the NQ and the ES reached new ATH’s on the opening today with those highs being the completion points for the current 3rd waves within the ongoing sequences up. The sell-off that ensued I am tracking as the expected 4th waves with the ongoing 5 waves up sequences. I updated the labeling and also updated the Fibonacci levels. I also laid out the areas where I would be looking for the current corrective 4th waves to finish up. Into next week I would still be expecting additional highs followed by additional declines and yes, additional larger 5th waves up to complete the longer-term patterns.Video Length: 00:26:35More By This Author:Nasdaq 100 & S&P 500 Elliott Wave Update – Wed, May 22
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