ShepWave Pre-Market / Intra Day Update for Friday Published
by ShepWave.com
Posted: 10/17/2014 00:53 EST
The markets continue to show volatile action.
The gap down open from Thursday filled. It is always my initial (default) view to see any gap fill. However there are particular circumstances in which I would not expect to see a gap fill. There are some special notes in this update regarding "Gap Opens".
There are many threats curently that are affecting the markets. But notice that even in the presence of these influences, the charts (and objective technical analysis) are still the most reliable method in determining direction and trading targets.
Log In at www.shepwave.com for Friday's Pre-Market / Intra Day ShepWave Update
9:49 AM ET Intra Day Update Published
You just cannot make this stuff up. See how the markets are playing into our hands, as anticipated.
Two position changes have been made this morning.
Log In at www.shepwave.com for today's Intra Day ShepWave Update
| Reference: Shepwave.com is a technical analysis site for the Major U.S. stock indexes. We use Elliott Wave theory along with our proprietary indicators to give analysis for the Dow Industrials, Nadaq 100 and S&P 500 indexes. We specialize in trading the QQQ and DIA. |
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