How much higher can stocks reach?
We chart resistance targets for the broad NYSE Composite Index
We chart resistance targets for the broad NYSE Composite Index
As several of the major indices have begun trying to break upward out of their consolidation ranges, we wanted to give our newsletter readers a first look at our chart for the NYSE Composite Index.
It still might catch up
but a bear is lurking around the corner
The British Pound is signaling that the next phase of its decline may be more lengthy and “zig-zaggy” than originally expected. For the traders who follow our Elliott wave newsletter, that means there should be more opportunities for bearish and bullish trades during the next year.