Nasdaq 100 & S&P 500 Elliott Wave Update - Monday, Nov 11

Cutout paper illustration representing scheme and Stocks inscription

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Due to Veterans Remembrance Day, the volumes were lite in the futures, but very large in TSLA and NVDA. I update the EW counts on the charts and add additional Fibonacci levels for minuet 5th waves and also include levels for the balance (should there be any) of the minuet 4th waves. In my view we are close to finishing the minute and Minor 5th waves and in turn the Intermediate 3rd waves. Not totally clear on the speed or if the 5th waves will extend as strongly as the 3rd waved did. In any case, near term expectations remain for additional highs to be seen.

Video Length: 00:18:00


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Disclaimer: Futures and Options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures ...

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