ShepWave Intra Day Update for Friday Published
by ShepWave.com
Posted: 1/22/2016 12:35 EST
You can't make this stuff up!
Note the targets being hit. Also, note the short term triggers which are being triggered. Contrary to the impression given by many television pundits, markets do not go straight up or straight down; and the action in the US Equity indexes has been extremely predictable, thereby making them extremely profitable Keep in mind the difference between short term buy signals and mid term sell signals.Also, remember our gap open basics. Today is a another prime example of this simple trading trick.
ShepWave continually provides reliable analysis for traders and investors of different time frames.
Log In at www.shepwave.com for Friday's Pre-Market / Intra Day ShepWave Update.The $119 One Year Subscription Special will run through the weekend. Some long-time regular subscribers have expressed an interest in this being extended due to travel difficulties.
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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