Image Source: PixabayThis week I continue to begin on the 3-year weekly chart for the NDX (cash) and the focus remains on the move off of the July 11th highs which completed the Minor 3rd wave. Since that point the NDX has been tracing out the Minor 4th wave correction. Today I’m presenting what I believe are the 3 different scenarios that could be unfolding. I also feel that we will arrive at the completion point for Minor 4 if it is not complete and the resolution of which of the 3 scenarios is in force on Wednesday at 2 PM EDT when the FED announcement comes out. I also include today a continued discussion of the “flows”, capital, options and gamma and why I continue to consider the levels produced by Spot Gamma to be very valuable and useful in trading.Video Length: 00:43:24More By This Author:Nasdaq 100 & S&P 500 Elliott Wave Update – Thursday, Sept 12
Nasdaq 100 & S&P 500 Elliott Wave Update – Wednesday, Sept 11
Nasdaq 100 & S&P 500 Elliott Wave Update – Tuesday, Sept 10

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