Nasdaq 100 & S&P 500 Elliott Wave Update - Monday, June 3

person using MacBook Pro on table

Image Source: Unsplash

Both the ES and the NQ continued to churn for much of Monday's trade. I focused on the hourly chart to update the picture. Expectations remain for the current preferred count to move higher before completing. I update the EW labeling to include today's action - also add Fibonacci extensions for a possible path higher.

Video Length: 00:22:03


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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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