Just Thursday — or even on Friday morning — it seemed that stocks were finally out of the woods.
But as I’m typing this…
Our friends at Elliott Wave International had a hunch this would happen. Here’s what their Short Term Update wrote Wednesday night:
“The harmony of the major averages is out of whack, which is what happens when they are in the process of entering a large-degree decline.”
Here’s some good news: Right now, Elliott Wave International is having a rare open-doors event, FreeWeek.
It’s a special free event for U.S. investors. Now through August 29, free, you get to see their latest forecast for stocks, bonds, gold, the economy and more.
You can join in free, right now.
Here’s why you should: Tonight, after the market closes at 4 PM Eastern, the new Short Term Update will give you the latest Elliott wave view to prepare you for next week.
FREE, join EWI’s FreeWeek now and — see what the waves are saying.