Image Source: PixabayIn this video, I review the week’s price action for both the cash and futures markets. There was plenty of activity via earnings reports, economic data, changes in “flows,” and the growing possibility of an extended conflict in the Middle East. The Nasdaq 100 remains within a minor 4th wave correction. I also discuss Intel (INTC), which took a serious nosedive after presenting abysmal earnings and announcing layoffs for 15,000 employees “to improve profitability.”00:35:02More By This Author:Nasdaq 100 & S&P 500 Elliott Wave Update – Thursday, Aug 1Nasdaq 100 & S&P 500 Elliott Wave Update – Wednesday, July 31Nasdaq 100 & S&P 500 Elliott Wave Update – Tuesday, July 30
