Well, I enjoyed a great vacation with the family.  While I was away, I see the Dow hit the 12,500 MTPredictor Decision Point target we were looking for in the last video.  It took that area out and fell just shy of the 13,000 area before correcting back to the MTPredictor intermediate wave 4 support.  If this area holds support, we should get another run up to the 13,000 + area typical wave 5.  If it fails, look for the MTPredictor Decision Point support area off the prior swing low (see video).

The S&P, Gold and Silver all have similar daily patterns as well.  You can check out all the analysis in this weeks update featuring the MTPredictor Elliott wave and Fibonacci trading software for stocks, commodities, futures and forex.

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Tags: commodities, Dow, elliott wave, elliott wave software, fibonacci, fibonacci trading software, forex, futures, gold, mtpredictor, S&P, silver, stocks, trading

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