Monday, April 22, 2019

Elliott Wave Stock Market Update - April 22

The market end the day slightly positive after a non-eventful day. However, we should see more action soon as more earnings announcements start to come in. The TA remains bullish so my assumption remains the same with the market mounting a challenge to ATH or possibly new highs this or next week.

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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