Weekly Technical Update: Nasdaq - Saturday, May 25 -

Weekly Technical Update: Nasdaq – Saturday, May 25

May 26, 2024Jeremy ParkinsonFinance, No picture0

Image Source: UnsplashWeekly technical update for the NDX and NQ – I update the Elliott Wave labeling and discuss what taking the EW count by one degree suggests and presents in terms of the daily and weekly pictures. I also update the Fibonacci retracements and extensions to guide us through the completion of Minor 3rd waves and in turn Intermediate 3rd waves. I expect the series of “stair stepping” to continue likely into September.Video Length: 00:27:37More By This Author:Weekly Technical Update S&P 500 – Saturday, May 25Nasdaq 100 & S&P 500 Elliott Wave Update – Thu, May 23Nasdaq 100 & S&P 500 Elliott Wave Update – Wed, May 22