Thursday was a power-up day within the equity indexes. All were led higher by NVDA earnings -- the good cheer spread to other/all AI-related stocks and even some that are not related.
Thursday was a power up day within the equity indexes. All were led higher by NVDA earnings -- the good cheer spread to other/all AI related stocks and even some that are not related. In any case -- I have labeled as complete the minute 4th waves in the NQ and ES -- I also clarify that IMHO both markets remain within ending diagonal triangles - I go over the rules for contracting and expanding triangles - and again made an adjustment to the labeling in the NQ. I also revised the Fibonacci extensions for minute 5th waves with some very interesting results.
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