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ShepWave.com
Elliott Wave Theory stock market technical analysis. Major U.S. Indexes.
Specializing in QQQ and the DIA analysis and trading. QQQ and DIA Options trading.
ShepWave's BLOG

ShepWave

ShepWave Regular Scheduled Update for Monday Part II Published
by ShepWave.com
Posted: 9/1/2013 21:17 EST

Crude Oil is currently trading down at around $106/barrel. The action in Crude Oil is fitting nicely into the anticipated wedge patterns we saw in the monthly and daily time frames.
 
Be careful trading the supposed "geo-political" moves as the pundits like to call it. Notice that Crude Oil and equities have been giving good signals regardless of what is going on. Note that in any day there are always positive and negative variables to 'say' caused whatever action occurred. Of course the pundits do not want you to know that. So do yourself a favor, turn the volume to mute when watching CNBC.
 
Also note that the futures in equities are up. There should be some good trade set-ups on Tuesday.
 
Log In at www.shepwave.com for ShepWave Regular Scheduled Update Part II for Monday.

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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Previous Entries
ShepWave Pre-Market / Intra Day Update for Friday.
ShepWave TWO Updates for Thursday Published. --ALSO--APEX--extends 80% off EVALS and One-Day-To-Pass until Tuesday, April 30th at 4:59 PM. Use APEX code Given To ShepWave Followers: XKZKHCRV
ShepWave Pre-Market / Intra Day Update for Wednesday. --ALSO--APEX--extends 80% off EVALS and One-Day-To-Pass until Tuesday, April 30th at 4:59 PM. Use APEX code Given To ShepWave Followers: XKZKHCRV
ShepWave Pre-Market / Intra Day Update for Tuesday. --ALSO--APEX--extends 80% off EVALS and One-Day-To-Pass until Tuesday, April 30th at 4:59 PM. Use APEX code Given To ShepWave Followers: XKZKHCRV
ShepWave THREE Updates for Monday Published. --ALSO--APEX--extends 80% off EVALS and One-Day-To-Pass until Tuesday, April 30th at 4:59 PM. Use APEX code Given To ShepWave Followers: XKZKHCRV
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