April 23, 2024

NASDAQ 100 & S&P 500 / Elliott Wave Update 4/23/2024 by Michael Filighera

The volatility trade remains engaged on Tuesday. Both the NQ & ES pushed higher and pushing resistance higher and supply initial evidence of the possibility of the indexes moving to new ATH’s before the next cycle trough hits. I update both Preferred counts. I review the Fibonacci levels for both counts. Wednesday @8:30 AM EDT Durable Goods Orders.