Weekly Update - Market Analysis for Dec 9th, 2019

The final weekly data for last week leaves the weekly chart pointing generally down over the next few weeks after a possible new high this week.  While there may or may not be volatility during this corrective downturn, the sharp drop alert that had been forming is no longer visible.  

Dr. Cari Bourette is an analyst at ElliottWaveTrader.net, where she provides her proprietary market mood analysis in our flagship service, "Avi's Market Alerts."