Wednesday, June 24, 2015

Elliott Wave Stock Market Update - June 24

The market continued its correction today to test the Trend Average and I'm expecting a challenge to all time highs in the next few sessions. The news of Greece and the EU not reaching a deal doesn't seem to have damaged sentiment much, but we'll see if there is further reaction tomorrow. The NASDAQ opened today at an all time high before reversing and small caps reached an all time high yesterday, so I'm assuming the broader market will join the rally soon.

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

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