Not much to add today since the market barely moved. Seems like most people are taking a break so we might not see anything meaningful until the long weekend is over. I have to get ready for my trip this Saturday and won't be updating on Friday unless there is a significant move. I will be in HK and China next week sourcing some products but I should be able to update frequently.
Have a safe and happy holiday!
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 = Bearish trend being challenged
* 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 into consideration other factors.