The market traded slightly higher today and could technically setting itself up for a rally tomorrow if today's lows holds. However, the possibility of testing support mentioned yesterday remains probable before the real rally takes place. I went 50% long (as in half of what I normally trade) in after-hours to make sure I don't miss any upside. I am also paying attention to gold as the bottom is near.
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
Long Term Trend = Bullish