Monday, April 1, 2019

Elliott Wave Stock Market Update - April 1

The correction is officially over and we now have a golden cross which creates a bias for a new all-time high in the near future. I went long this morning and placing stops accordingly but I don't think there will be much of a pullback this or next week. I had been hoping for lower prices but unfortunately it just didn't happen. Bulls are in charge and it's just time to go with the flow.

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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