Image Source: The rallies continued on Thursday with the ES and NQ both moving to new all-time highs. The ES touched and did close above 6000. The NQ pushed to a new ATH above 21213 with the high coming in at 21253. The problem at the moment is attempting to discern the internal waves that will ultimately form 5 waves of minuet degree to complete minute wave 5, Minor wave V, and in turn Intermediate wave 3. Upside projections then continue to be reliant on the Fibonacci levels for minute 5 as compared to minute wave 1. At best, I am continuing to expect additional upside with levels in the ES possibly reaching above 6100 and in the NQ above 22000. 9987902421Video Length: 00:25:57More By This Author:Nasdaq 100 & S&P 500 Elliott Wave Update – Wednesday, Nov 6Nasdaq 100 & S&P 500 Elliott Wave Update – Monday, Nov 4Nasdaq 100 & S&P 500 Elliott Wave Update – Wednesday, Oct 30
Nasdaq 100 & S&P 500 Elliott Wave Update – Thursday, Nov 7
