December 28, 2023

S&P 500 & NASDAQ 100 / Elliott Wave Update 12/28/2023 by Michael Filighera

The rallies continue to extend higher which in turn has been pushing the wave pattern out in time. I have updated the EW labeling for both the ES and NQ reflecting the continued “extended” nature of the finishing rallies. I also update the Fibonacci levels for corrections and for the finishing moves up. The Chicago Business Barometer will be released on Friday at 9:45 AM EST.