Nasdaq 100 & S&P 500 Elliott Wave Update - Monday, Aug 12

Technical Analyst & Trader • Aug 12, 2024 at 8:00 PM EDT

More "b' wave action today as the markets gyrated around within minuet 'b" waves as part of the minute "b" wave which are a part of the ongoing Minor 4th waves.

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More "b' wave action today as the markets gyrated around within minuet 'b" waves as part of the minute "b" wave which are a part of the ongoing Minor 4th waves. The markets held to somewhat tighter ranges today in advance of the PPI and CPI reports due out tomorrow and Wednesday. I review the EW possibilities and also review the Fibonacci levels. I am continuing to look for the completion of minute "b" up and then the start of minute "c" down to complete the Minor 4th waves.

Video Length: 00:24:17

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