ShepWave Pre-Market / Intra Day Update for Wednesday Published
by ShepWave.com
Posted: 12/3/2013 21:54 EST
The action recently has been predictable. The purpose of these pre-market updates is to get all traders, regardless of what time frame they trade, to see the key signals that they are watching for the next day. While we are seeing some confirming signals to one view, there are reasons to be cautious. Read the notes in this update very closely.
The markets remain predictable, but there are some key technicals we will be watching closely over the next few trading sessions.
Log In at www.shepwave.com for Wednesday's Pre-Market / Intra Day ShepWave Update
10:29 TRADE NOW. Intra Day Update
There is TRADE NOW. Read the notes in this morning's update for the signals and targets as well as a trading strategy based on this morning's action.
Remember this week is going to be very important.
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12:15 IMPORTANT Intra Day Update Published
And once again, "you can't make this stuff up." Based on emails most of you caught this morning's aggressive short term trade. USE STOPS TO LOCK IN PROFITS if you are a short term trader.
Read the notes and analysis closely in this update. Remember to not get over confident. Always stay objective and watch for the 'next' signals.
Log In at www.shepwave.com for today's Intra Day ShepWave Update.
1:03 Afternoon Update Published
There is an instructional note added to today's update. Remember the purpose of ShepWave is not just to give trade suggestions. The goal is to teach technical analysis and objective trading methods so that everyone can use these principles to fit his/her own trading style and risk tolerance.
If you did take today's trade see the notes. See suggested stop/loss areas OR use stops to lock in profits.
The indexes remain predictable and profitable.
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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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