ShepWave
ShepWave Regular Update for Monday, Parts I, II, III and IV Publihsed. Will the rally continue?
by ShepWave.com
Posted: 9/9/2012 01:59 EST
Last week the indexes saw a nice rally. The S&P 500 Index managed to rally over 2%. Will the S&P 500 hit the 1550 area? There is a possibility that this will happen. While it is true that most of the major U. S. Equity indexes are at a key resistance area we are seeing some chart patterns that could be signaling a continued rally.
The most important of all the U.S. Equity indexes to be watching at this time is the Dow Transportation Index. This chart could be a leading indicator whether we are to expect a bullish or a bearish Fall. Note the analysis in the Monthly time frame (Update Part I). This is very important.
There are Four Parts to Monday's Regular Scheduled Update.
Update Part I contains the highly critical Monthly time frame analysis for the U.S. Equity Indexes.
Update Part II contains the analysis on the Weekly time frame for the U.S. Equity Indexes.
Update Part II contains the analysis on the Daily time frame for the U.S. Equity Indexes.
Update Part IV contains analysis for Crude Oil, Gold, GLD, SLV and the VIX.
Note: Monday's Pre-Market Update will be published later Sunday evening. This update will contain the 15 and 60 minute analysis for the indexes and the ETFs.
Log In at www.shepwave.com for Monday's Regular Scheduled Update Parts I, II, III and IV.
The $155 One Year Subscription Special will be ending in a few days. ALL ShepWave Specials will be ending by September 30, 2012. Rates will be going back to the regular price of $150 for Six Months and $90 for Three Months.
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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