Thursday, June 13, 2019

Elliott Wave Stock Market Update - June 13

The market has consolidated gains in the past couple of sessions and we could see prices rising higher.  There is technically a 5 count in place but there is from for another bullish leg before a top. I am waiting on the sidelines patiently :)

Short Term Trend = Bullish
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

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