ShepWave
ShepWave Pre-Market / Intra Day Update for Friday Published
by ShepWave.com
Posted: 8/29/2013 23:22 EST
At the beginning of this week I made the comment that typically I would be looking for a bullish week to head into the Tuesday after Labor day; but that there were definite bearish technicals to be watching.
As it turned out the SELL SIGNAL from Monday morning has worked out nicely. The intra day signals this week have been easy to spot, identifying some short term long side trades as well.
Based on emails that we have received everyone seems to be having a good week. But some critical technicals remain for the short to mid term trend. Also note the analysis for Crude Oil as given in Thursday's Regular Scheduled ShepWave update. "You cannot make this stuff up!"
Note: the $155 One Year ShepWave Subscription special has run long enough. It will be ending soon, this weekend. I will keep it up until Friday at midnight at least.
1:55 PM ET Intra Day Update Published
Lock In profits from this week's trading signals. Is it safe to hold long side positions open over the weekend?
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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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