Image Source: PixabayIt did take some time but eventually, it was the Volatility Trigger in the SPY that eventually triggered both the S&P 500 and the Nasdaq 100 to do what I’m looking at as the first trigger for the start of the “Risk off” trade. On an Elliott Wave basis I’m updating in more detail the Minor 5th wave up scenario. I label that out as well — I discuss the possible upcoming moves to finish the correction now in progress – that being minuet wave ii of minute wave 3 of Minor V. I also review the Fibonacci sequences to finish the minuet second wave and what to look for confirmation wise if minuet wave iii were to begin with an upward thrust.Video Length: 00:28:28More By This Author:Weekly Technical Update: Nasdaq 100 – Sunday, Oct. 6Weekly Technical Update: S&P 500 – Sunday, Oct. 6Nasdaq 100 & S&P 500 Elliott Wave Update – Thursday, Oct 2
