Nasdaq 100 & S&P 500 Elliott Wave Update - Tue, May 7
Image Source: Unsplash
Not much to be added to the current analysis. Both the ES and NQ continued to advance albeit at a slower pace. I have updated the labeling where I am looking for a pullback in both markets. I also include the Fib retracement levels for the pullback. I am still looking for a continuation of the upside with an eventual move to new highs before the move is complete.
Video Length: 00:16:07
More By This Author:
Nasdaq 100 & S&P 500 Elliott Wave Update - Mon, May 6
Nasdaq 100 & S&P 500 Elliott Wave Update - Thu, May 2
Nasdaq 100 & S&P 500 Elliott Wave Update - Wed, May 1
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