The Elliott Wave Wednesday Live Stream w/ Todd Gordon

By Bennett Tindle
August 12, 2020

The NDX is Leading the charge in the markets. With school opening-up again in some parts of America and a new normal being established. Can this rally continue in the market? Market internals is showing that call buying is at an all-time high. This could mark a turning point. With many pundits calling for a slowdown in tech, our team reviews the tech sector. Calling for more upside we see growth still leading the charge in the stock market. Aleksander reviews the dollar index calling for a longe term consolidation in a wave 4 scenario. Gold is still holding strong with clear lines in the sand at the 1800 level. Tech is staying strong. Don’t get moved from your positions due to headlines. Growth keeps out placing value and we see this trend continuing for the time being.

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Todd Gordon

Todd Gordon

Founder and Lead Analyst of Trading Analysis

Todd has been trading as a career for the last 20+ years. His goal is to not only provide insightful analysis, but to teach people how to think and grow as professional traders. Todd is a practitioner of Elliott Wave Theory and he uses it to gain an edge in the highly competitive trading arena. In addition to trading professionally, Todd has worked as an analyst and researcher at two different hedge funds. Click Here To Learn More about Todd Gordon