[Forecast #2] Quick Look at DOW And NASDAQ 12.16.15 – W2 before upside W3 into Fed meeting?

DOW – The DOW has a zigzag appearance W2 after fading from the highs..the fade is hardly treatening, at least to me..it’s correcting the entire move from the lows a couple days ago and I expect a big pop on the fed decision in 20 mins..

NASDAQ – The NASDAQ has the same W2 zigzag appearance as the DOW…the fade appeared to be a W2 before W3 setup, so like the DOW I’m expecting a big rally off the fed decision..we’re literally 2 days coming off a bottom with a VIX still in the 20’s…4-5 bottom and 786 or 1.00 reversal is the play.

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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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