S&P 500 & Nasdaq 100 - Elliott Wave Update - Tue., April 2

Stock, Trading, Monitor, Business

Image source: Pixabay


Weakness across the board continued on Tuesday as anticipated via the cyclical downside pressure from the 3 month and one-month cycles in the S&P 500 and Nasdaq 100. I have updated the Elliott counts and labeling in both the ES and NQ - where both remain in the process of completing Minor 5th waves up and within them minute 4 wave corrections maybe complete at today's lows or remain in process. I add Fibonacci extensions for the expected minute 5th waves up as well.

Video Length: 00:22:28


More By This Author:

S&P 500 And Nasdaq 100 Elliott Wave Update - Monday, April 1
Big Picture Technical Update For The Nasdaq 100 - Sunday, March 31
Big Picture Technical Update For The S&P 500 - Sunday, March 31

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.