In this video, Michael presents a more "upside resilient" alternate Elliott Wave count for the Nasdaq 100. He suggests that the recent pullback may complete a Wave 2 correction near the 24,805–25,041 levels before a major rally to new highs.

The Japanese Yen (JPY) regains positive traction against its American counterpart during the Asian session on Wednesday, following the previous day's two-way price swings, and seems poised to climb further.

Comex copper price paused on the losses recorded late last week as the bulls successfully defend the crucial resistance-turned-support level of $5.85.

Major market indexes began the initial trading session of this holiday-shortened week today in negative territory, and slid lower from there.