ShepWave Regular Update for Monday Published
by ShepWave.com
Posted: 4/1/2016 22:34 EST
Based on emails many of you took the gap down opportunity to go long for our anticipated new recent high as mentioned in Friday's Pre-Market Update.
This week has issued some very important technical signals and wave patterns on the daily time frame. In particular you will want to read the note in the Dow Transportation index.Remember at ShepWave we use the indexes as a whole to determine general market direction; always looking for confirmation in the various indexes.
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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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