Nasdaq 100 & S&P 500 Elliott Wave Update - Tuesday, Jan 7

Today, I updated the EW labeling in both markets and the Preferred and Alternate counts in both the ES and NQ.

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I'm covering for Sascha tonight as he is not feeling well and unable to make the update -- I update the EW labeling in both markets -- and update the Preferred and Alternate counts in both the ES and NQ. I believe that one of the counts that I am presenting within the Preferred counts will be invalidated either overnight or tomorrow. It seems like a slow process, but the market is making it clear which path is being traced out. I will say that I continue to view the current action as an ongoing Intermediate 4th wave(s).

Video Length: 00:37:48


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