Elliott Wave 5.0 "Reboot"

Tuesday, April 26, 2016

Mini DJIA Intraday Review: Here We Go Again?

I want to let all readers know that Elliott Wave 5.0 Will be changing its name and moving to this new site by May 1st or sooner.  All readers to the new site will get a free month while we are in transition.  My postings to this blog will slow down with my commentary reduced as well. 

Here we go again as the markets seem to be starting into another impulse type move.  If this is the case, then the DJIA can breakout with yet another new high and there even could be a possibility of creating a new bull market extreme.  

Since I have what looks like a small degree correction, but if a newer high is lethargic or very slow in coming, then we could end with another "C" wave peak followed by another crash.