How is OMH Even Possible!?


Since the end of Feb half of the new Wave Setups posted in Stock Waves have been shorts.  Even prior to that we had been looking for a balanced mix of short and longs as we approach a more significant market top.

We are still in the process of confirming whether the market has finally struck its long term top, or if it still has one more rally potential before that top is struck. 

To this end, Stock Waves has come up with a short list comprising two categories of stocks.  The first type of stocks have greater potential to strike new highs to complete their respective 5th waves.  The second category are stocks that seem to have more likely topped and have begun their bear markets and are good short candidates after the next bounce.

This list offers members the best opportunities on both sides of the potential for the market in the coming weeks and months -- just as we have been doing for some time.

I will be going over these lists in detail on the next Stock Waves webinar which will be on TUESDAY 4/8 this week due to logistical constraints.

The names and charts are in no particular order. I also have shown an RSP chart (S&P 500 Equal Weight ETF) that illustrates the two most probable paths we are watching for stocks as a whole.

Zac Mannes is a senior analyst at ElliottWaveTrader.net and co-host of the site's Stock Waves service, which provides wave alerts and trade set-ups on individual stocks.


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