Nasdaq 100 & S&P 500 Elliott Wave Update - Mon, May 6
Image Source: Unsplash
Both the S&P and Nasdaq followed through on the current analysis. The upside swing continued with 5200 in view in the SPX and 18200 in the NDX. I updated the near-term picture and included some Fibonacci levels. I continue to feel the market will not waste time in getting back to new ATHs. My longer-term view has not changed.
Video Length: 00:17:13
More By This Author:
Nasdaq 100 & S&P 500 Elliott Wave Update - Thu, May 2Nasdaq 100 & S&P 500 Elliott Wave Update - Wed, May 1
Nasdaq 100 & S&P 500 Elliott Wave Update - Tue, April 30
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