ShepWave
ShePWave Regular Scheduled Update Part I Published
by ShepWave.com
Posted: 8/31/2013 23:23 EST
We saw a profitable summer. The short term buy and sell signals have been working out nicely. August was especially profitable. The indexes are at a very critical point. This next week could determine the action for the next few months.
There will be two regular ShepWave updates for Monday published. This first one covers the monthly time frame analysis and shows just how critical the action has been, and that the indexes are at a critical point even using the monthly time frame charts. Note the wedge pattern in crude oil that was also shown a couple months ago which predicted the current rally. Also note what is to be expected if this is an actual wedge pattern.
The second regular scheduled ShepWave Update will be published later Sunday evening and will show the daily time frame analysis.
Then as usual a pre-market update will be published Monday evening using the short term (15 and 60 min) charts. The short term updates have been indicating many short term profitable trading opportunities.
Again, this next week is going to be critical. Read these updates closely. See key trigger signals and targets. Targets will be adjusted as the action unfolds.
Log In at www.shepwave.com for Monday's Regular Scheduled ShepWave Update Part I
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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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