ShepWave
ShepWave Pre-Market/ Intra Day Update for Monday
by ShepWave.com
Posted: 12/18/2011 23:21 EST
Is the "Santa Claus Rally" going to fizzle even more this coming week? Dow Industrials Index futures are down about 90 points below fair value at this time. Read the notes regarding the potential Gap Down open closely.
Also, keep in mind the important analysis which was given in the four updates for Monday published this past weekend. In particular keep in mind the Daily analysis and the very critical trend line which could be coming into play very soon. Will this mark present a buying opportunity?
As noted in Update #4 this past weekend, the action in Crude Oil and the VIX is very critical in confirming the trend for equities. See triggers and targets for these indexes as well.
This coming up week is extremely critical for the Equity Indexes.
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.
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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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