September 17, 2023

S&P 500 & NASDAQ 100 / Elliott Wave Update 9/17/2023 by Michael Filighera

Not much to be adding to current analysis presented on the podcast on Saturday. Globex is starting a big higher and very much on the quiet side — this is to be expected as the markets now wait for the FED decision due out on Wednesday. I lay out both sides of the market for tomorrow — including some estimates for resistance on a bounce — and downside support should the market continue lower —