A Look At The DOW and NASDAQ 12.08.15

Glance at the DOW: As of 3:21PM, the DOW is fading back to the intraday lows and may setup the downward 3..still a bit sideways but the cracks are starting to form..worst case scenario is a 1.618 downward 3 to as low as 17150-17200 on this break down, so I may either stay put or go short should it get worse by 4PM…a gap down may form on this failure.

Glance the the NASDAQ:

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About the author

CEO Ted Aguhob, Master Elliottician and Technical Analyst, Day And Swing Trader, Website Designer And Marketer, Artist, Producer and Musician has provided content to gemxwave.com, wavegenius.com and masterofcharts.com for over 14 years. The biggest breakthrough as a blogger came in 2013 when Wavegenius.com produced a net profit of over $177,000 and became one of the highest earning blogs in the entire country. Many of his biggest and most amazing calls appeared on major financial websites like Thestreet.com, Yahoo Finance and MSN Money, was a radio personality on Washington DC Radio, and has a following in the tens of thousands for many years. Ted is known for his charisma, vision, creativity and better yet.."genius."

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