Monday, July 8, 2019

Elliott Wave Stock Market Update - July 08

The market closed down today but did not make a lower low. If 2967 continues to hold then we can expect a challenge to all-time highs in the next few days.

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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