May 29, 2023

Eye of the Storm Podcast – Big Picture Technical – SPX & NDX 5/29/2023 by Michael Filighera

New format for my Podcasts – I am dividing the Big Picture updates into “technical only” for the SPX & NDX, Treasuries, Gold/Silver, and the Dollar Index. – I will also do a Big Picture Fundamental where I will primarily including fundamentals that are pushing the markets as well.

SPX – I update the EW count for the SPX, and look at the Intermediate degree C wave, the Minor degree 5th wave, and the minute degree 5th wave – The alternate count for the SPX would be on the minute degree the SPX is in the process of putting in minute wave 3.  The Alternate count for the NDX would be on the Minor degree where currently the NDX is completing Minor wave 3.