Tuesday, February 18, 2020

Elliott Wave Stock Market Update - February 18

Prices pulled back slightly today in what seems to be part of a sideways correction and we could see another push towards new all-time highs as soon as tomorrow. Seems like the market is taking its sweet time to find a top.

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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