[Forecast #2] Quick Look At DOW and NASDAQ 12.15.15 10:00AM

This is a quick look at the DOW and NASDAQ in real time:

DOW – The DOW is WELL past 382 and we’re obviously not going to see a 5 down here..we got close to a full 618 retracement in a half hour in the DOW… full 618 would be 17650, and if that breaks this week that would validate my bottom call from yesterday..the 3 is over, and the 1-2-3-4-5 down is over.   786 retracement would be 17,750 and could happen on tomorrow’s fed decision and the violent moves the market usually has when the news is out.

NASDAQ – NASDAQ is well past 382 as well and the full 618 would take NASDAQ to as high as 5062-5065 as soon as intraday..the momentum is incredibly strong right now and there’s 0% chance we see a 5 down here…bottom came quick this morning at the open up to now at 10:00AM ET… best case this week is 786 being taken out at 5100…that would 786 of the entire zigzag that has formed since the beginning of December.

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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