The market seems to be consolidating in a W4 and unless there are lower lows tomorrow, we should see another rally to challenge all time highs. The DJIA made another all time high today so in time the broader market will very likely do the same. For now, I am just being patient and waiting for a test of the TA to go long.
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 = Bullish trend being challenged
Long Term Trend = Bullish