In this weekly technical update for the NDX and NQ, I update the Elliott Wave labeling and discuss what taking the EW count by one degree suggests and presents in terms of the daily and weekly pictures.
Weekly technical update for the NDX and NQ - I update the Elliott Wave labeling and discuss what taking the EW count by one degree suggests and presents in terms of the daily and weekly pictures. I also update the Fibonacci retracements and extensions to guide us through the completion of Minor 3rd waves and in turn Intermediate 3rd waves. I expect the series of "stair stepping" to continue likely into September.
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