ShepWave Pre-Market / Intra Day Update for Friday Published
by ShepWave.com
Posted: 12/5/2013 20:12 EST
This week has continued to be predictable in the equity indexes. Note that the short term wave action of Wednesday and Thursday leaves us with some specific short term targets. These targets ideally will get hit Friday and could be a good be a good short term trading opportunity. Just be careful. We are also seeing some mid term trend action that could indicate some change in the trend.
Friday is going to be an important day. The futures could indicate just how short term traders will trade on Friday. I will try to publish an additional pre-market update in the morning based on the futures.
Read the analysis in this update very closely. See triggers and targets.
Log In at www.shepwave.com for Friday's Pre-Market / Intra Day ShepWave Update.
9:25 Additional Pre-market notes published
Again, 'you just can't make this stuff up.' Notice where the futures are indicating this morning's Gap Up Open, right at our targets issued yesterday. Market Predictability is still here. Easy money...
See strategy, Targets and Triggers.
There has been a lot of discussion by the pundits on television lately (the one's that I have seen) regarding whether or not the indexes are at a key top. Well,in a sense, does it really matter? If the markets stay this predictable in the short term while we are waiting for the mid term signals it really does not matter. The main objective is to be profitable.
Read the notes closely in this update. Note there are some signals given for cautious traders.
Log In at www.shepwave.com for today's Intra Day ShepWave Update.
1:08 PM Intra Day Update Published
Note the last upward surge took the DOW exactly to our ideal target as published yesterday evening. We are seeing some clear action today. 'Ya Can't make this stuff up.'
There are some final notes for the day posted. It has been a good week. I am finished for the week. Two Important Updates for Monday will be published later this evening.
Log In at www.shepwave.com for today's Intra Day ShepWave Update
I will probably increase the ShepWave Special rate later this evening.
The $159 One Year ShepWave Subscription special is still in progress. But the regular rates will resume soon, without notice. The Regular One Year Subscription rate is $250/year.
| 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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