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Feb 112017

The Up-Trend in Stocks is Showing Strong Signs of Exhaustion – by Sid Norris from

Late last week, Hurst cycle analysis on the S&P-500, Dow Jones Industrial Average and Nasdaq 100 are all suggesting that a top is nearing quickly.  I’m also seeing a number of Sequential Daily 13 Exhaustion Sell Signals in several stock indices.  Most larger-degree Fibonacci targets have been reached, or very nearly so recently.  The primary remaining question is whether five small-degree upside-waves have completed in the various indices.

Please join me for my Weekly “Counts” Webinar, where I go over all of my Elliott Wave counts and associated Fibonacci price targets for many of the world’s major stocks markets, commodities, currencies, and bonds.  Hurst cycle analysis is considered on almost all items.  A link to the recording of the webinar is emailed to all “Counts” webinar subscribers immediately afterward, whether they were able to attend “live” or not.  Alternatively, my EWP ScreenShots service provides updated multi-timeframe analysis of the SPX, DAX, Gold, Oil, TLT, US$ (DX), & EUR/USD currency pair twice each week.  All “Counts” webinar subscribers receive EWP ScreenShots as a free bonus.  Many traders and investors have found my analysis quite profitable.  

— Sid (new!)

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