Elliott Wave Update For S&P DOW NASDAQ 2.03.16 3:00PM

S&P – Reversal off the low is strong enough to be either W2 low or W5 truncation into 786 breakout…1922 breaks here it would setup that Wave 3 to as high as 2035..

NASDAQ – 4575 needs to break on the current reversal which appears to be a truncated 5th wave in progress..if 4575 breaks that would be 1-2-3 to as high as 4800+..

DOW – 16350 is about to break in a 786 move in the DOW, which is a 1-2-3 setup..highest target could be 17,100 on a completed cup and handle 2 before 3..

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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