Nasdaq 100 Elliott Wave Daily Update - Thursday, Mar 19

Options expiration and gamma positioning drive Nasdaq 100 volatility as Michael Filighera eyes a final move toward 24,000. Expect a short-term bounce, though the broader corrective phase suggests any rally may be fleeting.

This video highlights a volatile trading session in the Nasdaq 100 driven by options expiration and gamma positioning. The market showed both downside pressure and intraday rebounds, suggesting ongoing dealer adjustments rather than a clear trend. Michael Filighera expects one more downside move (possibly toward ~24,000) before a potential short-term bounce, but warns any rally could be temporary within a broader corrective phase. Overall, trading opportunities remain high amid elevated volatility.

Video Length: 00:22:32

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