As expected, the markets (Oil, Gold, Dow, S&P) moved higher into the Thanksgiving holiday and beyond.  The market internals aren’t pretty but the trend is still up.  If the trend continues, we could see that Dow 12,000 area which would be in the area of the weekly typical wave 5 up resistance.  There are potential triggers overseas such as Iran and North Korea that could change things on a dime so be aware and protect your positions!

Check out the details in this weeks video featuring the MTPredictor Elliott wave and Fibonacci trading software for stocks, commodities, futures and forex.

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Tags: commodities, day trading, Dow, elliott wave, elliott wave software, fibonacci, fibonacci trading software, forex, futures, gold, mtpredictor, mtpredictor trading software, trading software, YM trades

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