Image Source: The S&P 500 pushed to an additional new ATH on Tuesday, which continues to support the market being within the final leg(s) up to complete the Minor 3rd wave. I’ve updated the labeling and added some additional Fibonacci levels as well. The Nasdaq 100 spent the day consolidating and was held to within the trend lines for the Diagonal 5th wave up to complete its Minor 3rd wave. All in all, though, both markets appear to need additional upside before the expected larger Minor 4th wave corrections would begin.Video Length: 00:22:36More By This Author:
Nasdaq 100 & S&P 500 Elliott Wave Update – Tuesday, July 16
