March 2, 2024

Eye of the Storm Podcast – Big Picture Technical Update – NASDAQ 100 – 3/2/2024 by Michael Filighera

In today’s Podcast I update the NASDAQ 100 focusing on the NQ. After giving a quick update on the “big picture” I dive deep into the final stages of the Primary B wave that has been in process since the October 2022 lows. I also give credit to Sascha Goring who co-moderates the Logical Signals Trade Room with me. Sascha drilled down within the current minute 5th wave up to bring clarity to where the market is on an Elliott Wave basis and how we arrive at the count. It was/is complex. I continue to look for additional upside before the Primary B wave is complete and the anticipated and expected Primary C wave down begins. I also review and update the Fibonacci resistance levels to complete the moves.