ShepWave
ShepWave.com
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 Important Updates for Thursday Published
by ShepWave.com
Posted: 10/30/2013 21:52 EST

We are seeing some critical action in the equity indexes. Note that the SPX and Dow Transportation indexes have given overthrows of the trend line (resistance) that we have been tracking for several months. The fact that CNBC is finally beginning to recognize this as important could be an indication that the trend channel is about to change.


Note that the action in Crude Oil and the VIX have probable direct implications for the equity indexes. Read the notes in those indexes closely.

This week has been moving as anticipated. The bearish move on Wednesday occurred a little earlier than we expected; didn't expect that until Wednesday afternoon or even Thursday morning. See the next trigger areas and targets.
Log In at www.shepwave.com for Thursday's Important ShepWave Updates
 
 
$99 One Year Subscription rate will end Friday. The rate will be increased in increments every day or so until the subscription rates get back to the normal subscription price.

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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