March 11, 2024

S&P 500 & NASDAQ 100 / Elliott Wave Update – 3/11/2024 by Michael Filighera

Not much to be adding to current analysis. The markets moved more to the downside then upside, but the overall patterns remain in line with expectations for the most part. I do review and update the labeling and review the Fibonacci levels — Expectations remain for the upside diagonal triangle to continue with new highs still in the picture for now. Tuesday – pre market – @8:30 AM EST – CPI Data, @2 PM EST – Monthly Fed Budget data.