Nasdaq 100 & S&P 500 Elliott Wave Update - Wednesday, Aug 14

Not much to add to current analysis for either the ES or the NQ. The markets continue to move higher within the context of a minuet "b" wave of a minute "b" wave.

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Not much to add to current analysis for either the ES or the NQ. The markets continue to move higher within the context of a minuet "b" wave of a minute "b" wave. I again break down the patterns created and today took both markets down to their respective 5-minute charts. Still not as conclusive as I would like -- I discuss possibilities from first a bit lower to complete a small abc then higher - or breaking higher from current levels. I still am looking for additional upside to be put in before the minute "b" is complete. Which, then suggests a minute "c" down is yet to come.

Video Length: 00:28:33


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