November 6, 2023

NASDAQ 100 & S&P 500 / Elliott Wave Update 11/06/2023 by Michael Filighera

Tonight I present an alternate count. My preferred count remains as given on yesterday’s posting and that count remains the markets remain in the process of tracing out Intermediate 2nd waves. The alternate count suggests that the Primary B wave remains in process and the markets completed an Intermediate X wave at the recent lows and are tracing out the 2nd Intermediate A, B, C to complete Primary wave B. Tomorrow pre market @8:30 AM EST U.S. Trade Deficit and @ 3PM Consumer Credit.