Nasdaq 100 Elliott Wave Weekly Update - Sunday, Dec. 7

Chart, Trading, Courses, Forex, Analysis

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In this video, I discuss the current market situation and note the lack of conclusive evidence regarding geopolitical issues and other global hotspots. I analyze potential market movements, while considering various Elliott wave counts and levels that could indicate further increases or decreases in the market.

I emphasize the importance of monitoring the market's behavior on Monday and Tuesday to assess the likelihood of an irregular B wave or a C wave down, which would require the market to drop below a specific low. I also mention the upcoming interest rate decision on Wednesday and the potential impact on market trends.
 

00:39:21


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