June 25, 2024

S&P 500 & NASDAQ 100 / Elliott Wave Update 6/25/2024 by Michael Filighera

Not much to be adding to currently analysis — the markets are switching it up somewhat — with the DJI and the RTY being lower on the day while the NQ and ES rose. Window dressing continues and is likely to continue into Friday’s Quarterly expiration. I’ve adjusted the labeling, which remains fluid and subject to change as the week progresses. Ultimately though, it continues to appear that additional new highs are likely before the Minor 3rd waves are complete.