March 18, 2024

NASDAQ 100 & S&P 500 / Elliott Wave Update 3/18/2024 by Michael Filighera

Another very volatile day within the NQ and ES. The EW patterns have not become easier to spot – although I remain in place with the overall pattern(s) being finishing and within diagonal triangles. I continue to look for additional highs before the Primary B waves are complete. Tonight I detail again the addition of “gamma flows” to how the markets trade – and also the volatility trades that also contribute to the larger swings both the ES and NQ are moving through. The Trade Room remains open to new members – use www.tradershelpingtraders.com and access the “Trade Room” tab. Tuesday pre-market – @8:30 AM EDT Housing Starts and Building Permits.