Prices managed to close at another ATH despite the tragic events in Las Vegas last night. The market has set its mind in going higher and there is nothing stopping it until the count completes. The 2560 target mentioned a few weeks ago seems like a viable target at this point and we might even see it reached later this week or next.
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
* 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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