Market Briefs & Sentiment Outlook (MBSO)
Reported by Tony Carrion

http://www.market-harmonics.com

 

Unfamiliar With Elliott Wave Terminology?
Click here

September 4, 2017

 

 

   

 

  

 

See our special book offer to own the classic Elliott Wave Principle.

US Stocks Outlook

Other than small and mid-caps, US stocks closed positive for August. The tech heavy Nasdaq 100 staged the best overall performance, up 1.8% for the month.

 

 

On the basis of the Wilshire 5000 Index, the broadest measure of US stocks, we'll look for new highs to be made above the August peaks, primarily in the larger cap indices. If our view is correct, this will complete third wave advances underway since June 2016, to be followed by wave 4 correction during the seasonally weak period for stocks between September and October.

 

You can follow the intraday and daily Elliott Wave analysis of US, European and Asia/Pacific stocks with a risk-free subscription to the Stock ProServices offered by Elliott Wave International.  Click for more information.

 


For intraday and daily Elliott Wave forecasts of US, European and Asian stock markets, we highly recommend the ProServices offered by Elliott Wave International where I am an analyst.

 

ęCopyright 2017 Market-Harmonics. com.  All content presented is the exclusive property of Market Harmonics. com, which is owned & operated by T. Carrion & Co., LLC, and may not be duplicated or distributed without the express written consent of the author.

Top