Nasdaq 100 & S&P 500 Elliott Wave Update - Monday, Aug 26

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Starting with the ES I took a deeper dive into a discussion on the structures off of the 60- and 15-minute charts. The patterns are very hard to recognize but I do manage to make some sense out of it. Both counts (preferred/alternate) remain in play and continue to hold at least 50% probability of following through. All get updated with the ES and the NQ remain in smaller (minuet or minute) 4th wave corrections. Like everyone else I'll await the markets decision after receiving what ever information it believes is needed in order to move out of the current range. I am continuing to stick with the "trading view" as there remain ample opportunities to make money day trading.

Video Length: 00:39:52


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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 ...

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