$DJIA and $COMPQ Quick Elliott Wave Updates 5.25.16 12:08PM ET

NASDAQ: After breaking nearly 786 intraday of the entire corrective wave going back one month, it ran into an ABC flat and faded..but in the past 10 minutes it’s rallied back and a break of 4897 would setup another 3rd wave continuation into the close.

[ms-protect-content id=“61,117,1559”]DOW: 17,920 is the top of the B that needs to break for the DOW to unleash a Wave 3 move, but since NASDAQ and SPX already broke out there’s a good chance DOW takes it out, even as soon as today into the close..currently trapped in an ABC sideways flat.[/ms-protect-content]

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