Nasdaq 100 & S&P 500 Elliott Wave Update - Tuesday, Dec 10

Technical Analyst & Trader • Dec 10, 2024 at 8:50 PM EST

The markets continue to work their way towards what I believe will be a more significant high and that being Intermediate 3rd waves.

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Not much to be added to the current analysis - the minuette 4th waves in the NQ and ES continue to unfold on Tuesday. While I do feel that additional downside is needed before the moves are complete there remains the potential that today's afternoon lows completed the moves with the minuette 5th waves now underway. The markets continue to work their way towards what I believe will be a more significant high and that being Intermediate 3rd waves.

Video Length: 00:17:45

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