Wednesday, July 18, 2018

Elliott Wave Stock Market Update - July 18

Prices continued to go higher as expected but unless there is a stronger impulse soon we could see a strong pullback in the next few sessions. Seems like the market is set on challenging its ATH in the next few weeks.

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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