The market seems to have finished its sideways correction and we could see a push towards new ATH as soon as tomorrow. The alternative is more consolidation but I think enough time has passed for another push tomorrow. I went long gold yesterday right after I finished updating, so I am looking forward to some volatility this or next week.
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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