March 26, 2023

Eye of the Storm Podcast – Big Picture Update + EW Update – 3/26/2023 by Michael Filighera

Tonight I am presenting both the Big Picture Update and the EW Update as one.  I spent a great deal of time reviewing charts from the SPX/ES, NDX, NQ to 30 year bond, 10 year note, and 2 year note t0 gold and then also the dollar index.  Strange moves in all the markets has created ‘havoc’ to wave counts — bringing about several alternate counts particularly in the equities and treasuries.  Volatility increased across the board and continues to dominate the moves the markets are making.  Zero Days to Expiration options are also continuing to create larger moves in both directions.  All as traders, investors, and whoever else has a voice attempt to understand the current situation(s) – i.e. the banking sector, credit swaps, Euro banks, the dollar, the Euro, gold, and a host of other markets — We live in a chaotic world at the moment.