Nasdaq 100 & S&P 500 Elliott Wave Update - Monday, Dec 30

Technical Analyst & Trader • Dec 30, 2024 at 10:15 PM EST

The markets continued to move lower on Monday as expected. Tonight I update the EW labeling and review the minute abc versus the Minor abc structures as we approach the last trading day of 2024.

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The markets continued to move lower on Monday as expected. Tonight I update the EW labeling and review the minute abc versus the Minor abc structures as we approach the last trading day of 2024. I add Fibonacci levels for the balance of the 5 waves down off of 12/26 highs. I expect volatility will remain high in the indexes and futures markets and explain how that will be seen during trading.

Video Length: 00:32:34

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