ShepWave Important Pre-Market / Intra Day Update for Friday Published
by ShepWave.com
Posted: 9/5/2013 21:24 EST
Note the reversal in the futures. Note also today's key targets and Trading Strategy.
Also, there are a couple of regular subscribers who have expressed they want to take advantage in the $89 Six Month Subscription Special, so it is still in progress; but it will be ending as soon as they take advantage of it, hopefully this morning.
Log In at www.shepwave.com for today's Additional Pre-Market Notes in ShepWave Pre-Market Update
10:03 Intra Day Update
We are seeing important action today. Note the possible chart pattern which would give even more clarity and guidance to the future action.
It has been a good week. Targets were hit to the bearish side and to the bullish side. A typical week where it has been easy to profit on both the short and long sides of the market. Targets were easy to project. But expect some surprises coming next week.
Log In at www.shepwave.com for today's Intra Day ShepWave Update
2:28 Afternoon Intra day Update
Interesting day to say the least. Note the quick reversal then another quick reversal. It should be noted that the bullish bounce came exactly when the indexes hit the lower blue trend line as indicated in the updates. Can't make this stuff up.
'Is it safe to stay long over the weekend?' seems to be the question I am getting in emails this afternoon.
Log In at www.shepwave.com for today's Intra Day ShepWave. 2:28 PM ET Update
| 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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