In this blog-post, I want to discuss with you guys, why we think that the Dow Jones Transportation Average can still see more upside. First of all, let me explain what the Dow Jones Transportation Average Index is. The DJT is made off of the top 20 delivery, airline, trucking and railroad stocks. In the […]

Nasdaq Short Term Elliott Wave view suggests that Intermediate wave (3) ended at 6429.5 and Intermediate wave (4) pullback is proposed complete at 6231.75.  Subdivision of Intermediate wave (4) is unfolding as a double three Elliott wave structure where Minor wave W ended at 6283, Minor wave X ended at 6391.75, and Minor wave Y of (4) ended at 6231.75. Index still needs to […]

AT&T Short term Elliott Wave view suggests that the decline to November 06 low 32.56 ended Cycle wave X. A rally from there is unfolding as an impulse Elliott Wave structure with extension in 3rd swing higher and each leg has internal oscillations of 5 waves thus favoring it to be an impulse. These possible 5 waves move higher should end […]

Nasdaq Intraday Elliott Wave view suggests that rally to 6429.5 ended Intermediate wave (3). Intermediate wave (4) pullback is currently in progress to correct cycle from 8/21 low (5753.6) in 3, 7, or 11 swing before the rally resumes. Subdivision of Intermediate wave (4) is unfolding as a double three Elliott wave structure where Minor wave W ended at 6246 and […]