Nasdaq 100 Elliott Wave Weekly Update - Sunday, Jan. 18

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In this video, I provide an Elliott Wave analysis of the Nasdaq 100, discussing the market's current position within a long-term third wave that began in 2002. I examine various timeframes and potential scenarios for the market's movement, focusing on key levels and Fibonacci retracement targets. I highlight the importance of the 26,182 level for the cash market and discuss the implications of a potential breakdown below 25,260.

I also touch on geopolitical concerns and their potential impact on the market. The analysis concludes with a reminder for traders to remain flexible and take advantage of trading opportunities in both directions.
 

00:42:40


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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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