Nasdaq 100 & S&P 500 Elliott Wave Update - Wednesday, Dec 18

Cutout paper illustration representing scheme and Stocks inscription

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We started the week with a "moon shot" and today we had a "moon drop." Actually, I've read that some traders have labeled the type of pattern we've had building since Monday a "Matterhorn." I've updated the charts accordingly and go into some depth as to what in my opinion created the "Matterhorn drop" Capital and options flows were in play - and it rolled everywhere options exist. So, is it fair to say - Where the options flow - so flows the markets!

Video Length: 00:29:27


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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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