ShepWave Regular Scheduled Update for Monday Part I Published.
by ShepWave.com
Posted: 6/19/2011 00:45 EST
Monday's Regular Scheduled Update part I compares the action in Crude Oil (WTI) and the VIX to the actoin in the U.S. Equity Indexes. There is a definite relationship between these indexes.
Many U.S. pundits say that if Crude Oil is down it is good for the economy; that may be true as far as the personal effects of a recessionary economy, but the main question is whether or not there is a direct relationship between the direction of Crude Oil and the direction of Equity Indexes.
Log In at www.shepwave.com for Monday's ShepWave Regular Scheduled Update Part I.
| 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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