ShepWave Regular Scheduled Update for Monday Parts I, II, III and IV have been Published. Very critical week coming up. Volatilty has not gone away.
by ShepWave.com
Posted: 8/19/2011 23:41 EST
The Regular Scheduled Update for Monday Parts I, II, III and IV have been published.
If you are an investor or long term trader Updates Parts I and II are very critical. Update Part III shows the daily time frame analysis and is important for both investors and swing traders. Update Part IV shows the critical analysis we are now seeing in Crude Oil, GOLD, GLD, SLV and the VIX.
This next week could be very volatile. Watch the trigger areas and targets closely.
Note that the particular leading indicator ShepWave spotted in early July was the fact that the Dow Transportations index had hit a key triple all time top resistance area and failed to break through it. Since that time the Dow Transportations index is down 25%. We are now seeing more and more leading indicators which support the mid to longer term trend. There will be buying opportunities very soon, but regardless what you hear on Television, these do not happen every day.
Is this a buying opportunity? Many pundits give reason after reason day after day as to why NOW is a buying opportunity, only to see the market keep going down. Be very careful when following advice from anyone. Keep in mind the Dow Transportations index is DOWN 25% in just a few weeks.
Use disciplined and objective analysis to come to trading and investing decisions. The markets have been extremely predictable lately and therefore have provided many profits for those individuals who are following the objective disciplined trading methods as outlined in ShepWave Updates. The predictability and profitability of the markets in the next few weeks should remain to be strong. More volatility is on the way.
Note the next triggers, key technical indicators, and targets in this ShepWave Update. This Monthly time frame chart analysis is especially important to investors and mid to longer term traders.
Log In at www.shepwave.com for the Regular Scheduled Update for Monday Parts I and II.
The Markets remain in a very technically critical point. It is not a good time for traders or investors to be complacent. Possible 20%+ move coming soon. Position Now.
The ShepWave Eight Year Anniversary Subscription Specials ($60 Three Month Subscription and $99 Six Month Subscription) will be ending soon. We will begin a referral program for subscribers. For every new subscriber you introduce to ShepWave we will add one month on to your subscription.
Existing Subscribers can take advantage of the Special prior to the expiration of their current subscription; the time will automatically be added to subscription.
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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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