ShepWave
ShepWave Pre-Market / Intra Day Update for Friday Published. Important Updates for this weekend.
by ShepWave.com
Posted: 11/3/2011 22:03 EST
Very Critical Week Coming Up for Markets
This weekend ShepWave will publish a very important series of Updates covering many important technicals for the U.S. Equitiy Indexes, Crude Oil, the VIX and other important indexes and technicals. These reporrts will begin to be published Saturday Morning and will be spaced out so there is time to absorb the information.
The markets remain at a very critical point. Big move is coming!
While the markets have been volatile over the past week the indexes have basically maintained a very distinct range. This will end.
Again ShepWave encourages everyone to sign up at Elliott Wave International. At the least sign up for CLUB EWI, it is free. Below is a link to sign up for CLUB EWI and also I have posted a brief excerpt from an Article by Robert Prechter JR.
If you are interested in Elliott wave analysis, odds are that you have also heard of Dow Theory, whose best and longest-lived proponent is Richard Russell. (Best wishes to Richard as he recovers his health.) This excerpt from Prechter's Perspective explains how Elliott wave analysis and Dow Theory are connected. We wanted to run it now in honor of the 160th anniversary of the birth of Charles Dow, which the Market Technicians Association celebrates on Wall Street on Thursday, November 3, 2011.
Read More.
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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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