ShepWave Regular Scheduled Update for Monday Parts I, II, III and IV published
by ShepWave.com
Posted: 9/17/2011 00:56 EST
Finally the U.S. Equity Indexes were able to stage a bit of a rally last week. But note that very few of the technicals on the monthly and weekly time frames (Update Parts I and II) actually changed. ShepWave still has the same mid term targets. As we see the action progress over the next two weeks these targets will be fine tuned. Again, the U.S. Indexes are at a very important technical point. Now is not the time to be complacent.
Updates Parts III and IV show the daily time frame analysis for the indexes as well as critical analysis for Crude Oil, Gold, GLD, SLV and the VIX. Pay very close attention to the analysis for Crude Oil and the VIX as those indexes have a clear relationship with the analysis for the equity indexes. The action should heat up again this next week.
Is this a buying opportunity, or just another really good selling opportunity as we saw in July?
Log In at http://www.shepwave.com/ for Monday's Regular Scheduled Update Parts I and II, III and IV
The ShepWave Subscription Specials ($60 Three Month Subscription and $99 Six Month Subscription) have been extended a while longer due to the critical nature of the markets.
We have begun 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.
| 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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