[Forecast #2] Quick Glance DOW and NASDAQ 12.10.15 9:52AM

DOW: The DOW’s pop this morning hit 382 at 17,550 which means the downward 3 momentum is pretty much over..any drop here would likely be just a mild 5th wave before a much bigger reversal, so it’s ok for DOW to fade here..that would be 4 up 5 down and 618 or 786 reversal.

NASDAQ: [ms-protect-content id=”61,117″] NASDAQ’s rally hit 382 at 5042, which like the DOW, means that the downward 3 and the momentum behind it is done…any drop here would be a 4-5 down before 618 or 786 reversal, and buying the low of the 5 should it occur is a good idea..  [/ms-protect-content]

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