January 14, 2024

Eye of the Storm Podcast – Big Picture Technical Update – S&P 500 & NASDAQ 100 – 1/14/2024 by Michael Filighera

I update the big picture technical views of the S&P 500 & NASDAQ 100 — I’ve made some labeling changes within the NASDAQ that IMHO reflect the current market conditions and near term expectations. The larger picture remains the same in that I continue to look for the completion points for the Primary B waves of the larger Cycle degree fourth wave corrections. Both markets have now moved into what is best viewed as “irregular” B wave patterns – and I again lay out the Fibonacci extensions associated with the moves and also update the Fibonacci levels within the current moves to lay out a probable path higher to completion.