May 8, 2024

NASDAQ 100 & S&P 500 / Elliott Wave Update 5/8/2024 by Michael Filighera

Not much to be adding to current analysis – 2 days running – Both the NQ and ES initially added to the rally rosters and look to have completed minuet 3rd waves within minute 3rd waves. That suggests minuet 4th waves are in play. I add Fibonacci retracements and extensions where needed. Thursday @8:30 AM EDT – Initial Jobless Claims — and that’s all folks!