Monday, December 18, 2017

Elliott Wave Stock Market Update - December 19

Another day, another all-time high! seems like the market has no plans to pullback much for the remainder of the year. Looking at the wave count, it looks like this rally will be carrying over to January so 2800 is realistic by next month.

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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