February 17, 2024

Eye of the Storm Podcast – S&P 500 – 2/17/2024 by Michael Filighera

Today, I review the big picture for the S&P 500 both the SPX and ES. The market continues to progress within the context of the Primary B wave and now sits within the finishing moves. I update the Minor 5th wave labeling which suggests that a diagonal triangle is forming. I also update the Fibonacci extensions which reveal 2 likely “clusters” where the larger move may complete. The NASDAQ 100 has been posted as well – and Sascha Gohring joins me to present the alternate count for the NQ.