Nasdaq 100 & S&P 500 Elliott Wave Update - Tuesday, Aug 20

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Today's focus is reduced to a deep dive down to the 5-minute chart. Very much day trading analysis that could expose some larger time frame opportunities. The ES and the NQ appear to be diverging again on the smaller time frame charts - but having said that I do believe the picture for both (short term 15 to 5 minutes) will be known hopefully tomorrow. I explain within tonight's update. Tomorrow at 2 PM EDT - the FED minutes from the July meeting are released.

Video Length: 00:27:09


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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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