May 25, 2024

Eye of the Storm Podcast – Weekly Technical Update S&P 500 5/25/2024 by Michael Filighera

Weekly technical update for the SPX and ES – I update the Elliott Wave labeling and discuss what taking the EW count by one degree suggests and presents in terms of the daily and weekly pictures. I also update the Fibonacci retracements and extensions to guide us through the completion of Minor 3rd waves and in turn Intermediate 3rd waves. I expect the series of “stair stepping” to continue likely into September.