Tuesday, August 28, 2018

Elliott Wave Stock Market Update - August 28

The market made another ATH as expected and we should see more highs ahead. And now that Canada is also trying to negotiate a NAFTA replacement, a positive outcome would just add more fuel to the rally. At this pace, we might see 3000 in September.

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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