Thursday, April 27, 2017

Elliott Wave Stock Market Update - April 27

The market continued its correction today but it seems like it is getting for another rally as soon as tomorrow. The NASDAQ and the RUT have been making new all-time highs and it's just a matter of time before the SP500 joins them. I was going to buy in after-hours but I missed the 5pm cut off, so I guess I'll just have to be patient.

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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