Nasdaq 100 & S&P 500 Elliott Wave Update - Wed, May 1

Wild and crazy day to say the least! Both the ES and NQ gave a nod and a push towards both the "A" and "B" versions of the preferred count(s). Neither came out the winner and I again am not handing out the winning ticket.

person using macbook pro on black table

Image Source: Unsplash

Wild and crazy day to say the least! Both the ES and NQ gave a nod and a push towards both the "A" and "B" versions of the preferred count(s). Neither came out the winner and I again am not handing out the winning ticket -- so again I lay out possible limitations which could help produce the winning call on direction. Until then - there was plenty to trade once the move(s) began after the FED announcement and press conference. I lay out the possible paths and what to expect if either becomes engaged. Hopefully, one way or the other the winner makes it clear soon.

Video Length: 00:27:28


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