January 10, 2024

NASDAQ 100 7 S&P 500 / Elliott Wave Update – 1/10/2024 by Michael Filighera

I’m continuing to count the final leg(s) up for the Primary B wave in both the NQ and ES. Although I haven’t tossed the alternate counts out for either market it is becoming more probable that both are working higher to complete the Primary B wave that began in October of 2022. Thursday pre-market @8:30 AM EST – Initial Jobless Claims, and CPI data. Fed Presidents will be speaking @11:30 AM EST (Mester on TV), and @ 12:40 PM EST – (Barkin).