February 8, 2024

S&P 500 0& NASDAQ 100 / Elliott Wave Update 2/08/2024 by Michael Filighera

Another day of consolidation for both the ES and NQ. I update the labeling within the small additions to the minute 5th waves that are subdividing. I also update the Fibonacci levels. Expectations remain for additional upside before the minute 5th waves and in turn Minor 5th, Intermediate “c” waves and Primary B waves are completed. Tomorrow pre-market – @8:30 AM EST – CPI seasonal factor revisions.