S&P 500 & Nasdaq 100 Elliott Wave Update: Wednesday, April 17

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Yep, it was another interesting day. Complete with several twists and turns along the way -- Both the ES and the NQ appear to have completed the smaller 4th waves within the ongoing "C" waves down to complete the Minor 4th waves I'm currently counting. Here's the first hitch in my opinion under the current count -- the ES and the NQ both appear to need additional downside within their prospective 5th waves of "C". This should not present a problem and the markets looked ready to make the moves, but in the NQ it would likely trigger a larger "Put Wall" at SPX 5000 and that if broken could produce an acceleration to the downside. -- I review additional alternate/preferred counts as well --

Video Length: 00:29:22

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