Wednesday, December 30, 2015

Elliott Wave Stock Market Update - December 30




















Then market seems headed towards a test of the TA and possibly its most recent low at 2044. If that low remains intact, the set up would be bullish so I will be going long soon if the pattern materializes. If not, then we'll see if bears can go down to 2005 and break it.

For further analysis on the NASDAQ, DJI, RUT, Gold, Silver and Oil please visit http://www.ewaveanalytics.com


Short Term Trend = Bullish
Medium Term Trend = Bearish trend being challenged
Long Term Trend = Bullish

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