February 19, 2024

S&P 500 & NASDAQ 100 / Elliott Wave Update 2/19/2024 by Michael Filighera

Not much to be adding to current analysis. Sunday’s Globex session kept both the ES and NQ in tight ranges, with Monday’s Globex session starting in the same manner. I have added two possibilities for tomorrow and added the Fibonacci support levels for both possibilities. Tomorrow @ 10 AM EST – Leading Economic Indicators – I will continue to look for this data to produce a larger reaction.