Monday, November 26, 2018

Elliott Wave Stock Market Update - November 26

Prices staged a strong come back today but the market remains bearish biased. If the count posted is correct then we should see a stronger sell-off in the next few sessions to lower lows.

Hope everyone had a good holiday weekend!

Short Term Trend = Bearish
Medium Term Trend = Bullish trend being challenged
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

No comments:

Post a Comment