Nasdaq 100 & S&P 500 Elliott Wave Update - Wednesday, Sept 11

It was a very interesting day filled with amazing volatility and amazingly profitable moves. Both the ES and NQ appear and I'm labeling as complete the Minor 4th wave triangle patterns. The "flows" data that I include in the Trade Room and mention here in these updates played to a "T" today. I discuss the outcome in today's update. I also discuss the "alternate" which suggests that wave "d" is complete or nearly so at today's highs and wave "e" is yet to come possibly as a result of a tepid or more negative PPI data due out tomorrow along with Initial Jobless Claims. I also include initial Fibonacci levels for the Minor 5th waves.

Video Length: 00:46:14


More By This Author:

Nasdaq 100 & S&P 500 Elliott Wave Update - Tuesday, Sept 10
Nasdaq 100 & S&P 500 Elliott Wave Update - Monday, Sept 9
Weekly Technical Update: Nasdaq 100 - Sunday, Sept. 8

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