• Uncategorised

Even before I had my coffee this morning this Nasdaq chart woke me up


May has left the building and the market has not gone away. Markets are stubbornly hanging on in divergence fashion with the Russell 2000 having made a new high, the Nasdaq 100 very close and the Dow lagging badly. The Dow has never held above the mysterious balance line I’ve discussed many times since March.

You may also like...

Read previous post:
Counter Trend Patterns Working in USDJPY and EURUSD

Our Elliott Wave analysis is suggesting USD weakness in USDJPY and EURUSD while Crude Oil may continue is correction.