April 22, 2024

S&P 500 & NASDAQ 100 / Elliott Wave Update 4/22/2024 by Michael Filighera

Daily update for the ES and NQ — both markets saw initial weakness or follow through from last week. With support holding and the markets beginning to rise. I update the labeling in both markets as well as the Fibonacci support and resistance. I also discuss the 2 preferred counts I am currently running side by side. Tomorrow at 9:45 AM EDT – S&P flash U.S. services PMI & S&P flash U.S. Manufacturing PMI – @10 AM EDT New Home Sales.