June 19, 2024

S&P 500 & NASDAQ 100 / Elliott Wave Daily Update 6/19/2024 by Michael Filighera

Quick update for the ES and NQ bringing into focus Tuesday’s trade and the Globex sessions. No changes to make but I’ve updated the Fibonacci resistance levels on both charts. Expectations remain for some stronger trade on Thursday and Friday as the markets move into the monthly June expiration. Thursday premarket @8:30 AM EDT – Initial Jobless Claims, U.S. current account, Housing Starts & Building Permits, and Philly FED Manufacturing Survey.