ShepWave Regular Scheduled Update Parts I and II for Monday Publisehed. Also Special on Gold and Silver Mining Plays. Critical week coming up.
by ShepWave.com
Posted: 7/16/2011 15:12 EST
ShepWave Special Update covering Gold and Silver mining plays
The Regular Scheduled Update part I for Monday covered Gold, GLD and SLV. The mining plays covered in this Special Update are obviously related to the move in the underlying commodity. Read the notes in this update regarding the mining plays but also keep the triggers and suggested stops in mind which are covered in Update #1 for Monday.
The U.S. Futures are down a bit. The Pre-Market Update for Monday will be published a little later, I want to monitor the Futures and Foreign markets a little longer before publishing that update.
We are looking at a technically very critical week. Note the TRIGGERS in Monday's Update #2 for the critical confirmation triggers in the U.S. Indexes. This could be a historical week. These triggers are critical to Swing Traders as well as Investors.
Log In at www.shepwave.com for ShepWave Special Update covering Gold and Silver mining plays
Regular Update for Monday Part II published.
Last week we saw some technically critical actoin. This next week should reveal even more critical action. We saw the intiial critical signals for mid to longer term traders hit last week. This next week we could see the actual triggers hit. Last week was very profitable for traders, this next should be even more profitable.
The markets are at a very critical point currently. If the triggers are hit this week, the trend which could be with the markets for the next few months could be confirmed.
Trade with objectivity and discipline. Note triggers, signals and targets, Elliott Wave Theory wave counts, and chart patterns.
This Update is important to both traders as well as investors.
Log In at www.shepwave.com for Monday's Regular Scheduled Update Part II
The $60 Three Month and $99 Six Month Subscription Specials will be ending. ShepWave will begin a referral program as part of Subscription Special for existing subscribers. If you are an existing subscriber and want to take advantage of the current subscription specials the time will be automatically added to your subscription.
Last weekend ShepWave published a Special Four Part Series covering the critical techncials the U.S. Equity markets are currently showing. The information in those updates is still very pertinent and should be understood by both traders and investors. Those updates are still available at ShepWave.com
Last week we expected some vaolatility. The intra week volatility provided many short term profitable trading opportunities for subscribers this past week. Based on the emails we have received many of you had a very profitable week. That is what we like to hear.
The volatilty is probably not over. In fact it could just be beginning. Due to the techncals seen from last week this next week is very critical as well. In fact it is probably more critical than last week.
In this Update Part I for Monday the critical techncials in some commodities are covered. Crude Oil is very important at this time. The relationship between Crude Oil and Equities is working out as suspected. The Calls we made a couple of weeks ago in Gold, GLD, and SLV have been very proftiable. See notes on those commodities. Use stops to lock in proffits.
Also covered in this update is the Dow Transportations Index. We saw some very critical signals this past week in this index and are potentially 'tipping the hand' for the U.S. Equity Indices. Read these notes closely.
This next week should be another very profitable week for traders and should provide more clarity for investors. The continuous intra day updates will continue this next week. These have been helpful to identiffy triggers, signals and targets for short to mid term traders.
Log In at www.shepwave.com for Monday's Regular Scheduled ShepWave Update Part I
vm2208...10.5
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. |
About my BLOG |
|
|||||||||
Su | Mo | Tu | We | Th | Fr | Sa | |||
1 | 2 | 3 | 4 | 5 | 6 | 7 | |||
8 | 9 | 10 | 11 | 12 | 13 | 14 | |||
15 | 16 | 17 | 18 | 19 | 20 | 21 | |||
22 | 23 | 24 | 25 | 26 | 27 | 28 | |||
29 | 30 | 31 |
Post back your comments What do you think of this blog entry? Post back your comments and let us know.
|