US stock indexes: short and medium term perspective

In the last post I described the preferred long-term scenario of DJIA;
below, the medium and short term scenarios for main US stock indexes ;

NDX and SPX appear still in bullish mode after a temporary correction.

DJIA

Already in topping; possible ending diagonal.

 NDX
 

in wave 2 minute of 5 minor of (c) intermediate

of [Y] Primary of X CYCLE

 

 SPX

wave 4 sub-minuette of [3] minuette of c minute of y minor

of (y) intermediate of [Y] primary of X CYCLE

Given that the market is still in uptrend,

I prefer to set only long positions , although with caution

(new purchases will be smaller than normal , no margin,

focus on leaders with sound bases of at least 3/4 weeks)

 

 US leading stocks 

with high IBD rating

and interesting chart patterns
(bullish setup)

Have a great trading day and week, with care!

ElwaveSurfer