Wave-Trend Update - Stocks
Utilizing the Dynamic Wave-Trend Approach proves the advantage of avoiding major losses proves true over time.
The dynamic overlay uses the Elliott Wave Oscillator (EWO) and the Golden Cross along with trade volume as trade indicators.
The price wave trend in stocks is flat-neutral while volume is weak.
Stocks remain bearish.
(Click on image to enlarge)
More By This Author:
The Importance Of Stable Inflation To Bull Markets
What’s Behind Equity Returns
The Fallacy Of Staying In The Market
Disclaimer: These illustrations are not a solicitation to buy or sell any ETF. I am not an investment advisor/broker
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