Nasdaq 100 & S&P 500 Elliott Wave Update

Nasdaq 100 & S&P 500 Elliott Wave Update – Tuesday, Oct 15

Oct 15, 2024Jeremy ParkinsonFinance, No picture0

Image Source: UnsplashInteresting day in that a stronger downwind took over from the opening in both the ES and NQ. Starting this morning, I was giving a fair chance for the Call Walls to be broken in both the SPY and the QQQ, and what actually ended up taking place is both ETFs broke below their respective Volatility Triggers late in the session which gave the last stronger push to the lows. I discuss both potential paths – funny how that Minor 4th wave scenario just keeps coming back to force another look.Video Length: 00:34:38More By This Author:Weekly Technical Update: S&P 500 – Sunday, Oct. 13Weekly Technical Update: Nasdaq 100 – Sunday, Oct. 13Nasdaq 100 & S&P 500 Elliott Wave Update – Thursday, Oct 10