Nasdaq 100 & S&P 500 Elliott Wave Update - Wednesday, Nov 13

black android smartphone turned on screen

Image Source: Unsplash

The markets are seemingly beginning to have trouble picking up the rallies again. Which does keep the wave 4's in play and a bit more confusing. Nonetheless, I am not making any major changes to the labeling. I continue to review the alternate counts with an additional being discussed today. That being that the rally off of the 11/4 lows to the recent highs was minuet wave 1 of minute 5. That would be "out there" for me, but worthy of mention since it leaves additional downside possible with the stronger rallies again picking up the pace to the upside.

Video Length: 00:25:43


More By This Author:

Nasdaq 100 & S&P 500 Elliott Wave Update - Tuesday, Nov 12
Nasdaq 100 & S&P 500 Elliott Wave Update - Monday, Nov 11
Weekly Technical Update: S&P 500 - Sunday, Nov. 10

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 ...

more
How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.
Or Sign in with