July 10, 2023

S&P 500 & NASDAQ 100 / Elliott Wave Update 7/10/2023 by Michael Filighera

Monday’s trade was more range bound than constructive towards one side or the other.  This leaves very little to add to current analysis, where both the upside and downside views remain in place for now.  I review both with today’s trade data included — update the Fibonacci retracements and extensions.

Tomorrow, @6 AM EDT the NFIB Optimism Index will be released.  I can’t say