Thursday, July 13, 2017

Elliott Wave Stock Market Update - July 13

The market has continued to rally and ended the day challenging ATH. Looking at the wave structure and other technical indicators, there is plenty of room for upside. So if we don't get a new ATH tomorrow, we should see one sometime next week as long as recent lows do not get retraced.

For further analysis on the NASDAQ, DJI, RUT, Gold, Silver and Oil please visit

Short Term Trend = Bullish
Medium Term Trend = Bullish
Long Term Trend = Bullish

* Trends are not trade signals. Trends are posted for situational awareness only and does not take into account wave counts, technical or fundamental conditions of the market. While mechanically trading the posted trends is feasible, keep in mind that these are lagging indicators and as such are prone to whipsaws and I personally do not use nor recommend them to initiate or close positions in the market without taking

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