Read the excerpt of the January Harmonic Trader Report.
January 31, 2018
In this report:
- Standard and Poor’s 500 Emini Contact (ES)
- Dow Jones Industrial Average Emini Contact (YM)
- Crude Oil December 2018 (CL)
Beyond the Measurements
January was as bullish as could be expected with 5 to 7% in gains across the board in most equity indices. Most notably, the NASDAQ, Dow, SP500, Crude Oil and other notable indices continue to breakout. The equity indices have hit extreme upside targets outlined earlier last year but continue to remain strong. The early action of 2018 has been demonstrative and is a sign of what is to come.