August 8, 2017 – Elaine is quoted in the GasTrader.net newsletter

“Elaine Levin, president at Powerhouse LLC, a Washington DC-based
trading and risk management firm, says ‘On Friday the market made a new low, but it doesn’t have a lot of momentum behind it and Elliott Wave aside I am looking at momentum and overbought/oversold signals, and I have bullish divergence and am about to get a crossover on my stochastics.’

‘We have just not had the follow through to the downside despite making new lows. It has not been the most robust sell off. The shorts have no conviction. There has been no follow through.’”