ShepWave
ShepWave Regular Scheduled Update for Monday Parts I, II, III and IV Published. 20-25% move coming for equities?
by ShepWave.com
Posted: 1/21/2012 18:55 EST
Note that Crude Oil is trading at $97.95 currently. Remember we are watching Crude Oil as a potential forward looking indicator for equities. See current trigger in Update #4 for Monday.
We are seeing a very critical chart pattern that once a signal is triggered could cause a very quick 20-25% move in the U.S. Equity Indexes
The Regular Scheduled ShepWave Update for Monday has been published. Note there are four parts to this Update.
IMPORTANT TRIGGER TARGETS ARE GIVEN
Part I contains the monthly time frame analysis for the Major U.S. Equity Indexes. Long term investors need to pay attention to these technicals and to the recent resistance lines which are being tested.
Part II contains the weekly time frame analysis for the Major U.S. Equity Indexes. This is of great importance to long term traders and investors.
Part III contains the daily time frame analysis for the Major U.S. Equity Indexes. This is applicable to those long term traders looking for early signals as well as mid term (swing) traders.
Part IV contains the critical analysis for Crude Oil, GOLD, GLD, SLV and the VIX. Note that the analysis for Crude Oil and the VIX is very important for equity traders and investors. There is a clear relationship between the equity indexes and these two indexes.
ShepWave Predictions for 2012 has also been published. This next year should be very profitable for traders.
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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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