March 17, 2024

Eye of the Storm Podcast – Big Picture Technical Update – S&P 500 – 3/17/2024 by Michael Filighera

In today’s Podcast – I update the EW labeling after another volatile week in the S&P 500 . The big picture has not changed in that the market continues to put the finishing moves on the minute 5th wave and in turn the Minor 5th wave, Intermediate C wave and the Primary B wave. Expectations remain for the market to then begin to decline as a larger Primary C wave decline gets underway. Of note for next week – Wednesday the FED will its interest rate decision from the meeting followed by Fed Chair Powell’s press conference.