ShepWave Pre-Market / Intra Day Update for Thursday Published
by ShepWave.com
Posted: 12/18/2013 23:18 EST

While we were anticipating a rally to reach new highs of the week, the 300 point rally in the Dow Industrials and massive rally in the other indexes was a bit of a surprise as to how far it went. But as we have seen recently that has been the pattern; the indexes take a few days getting set-up for the next move then that next move is a sudden and sizable move.

Those traders who stayed long from Tuesday afternooon's BUY trade suggestion did well in the rally. So what next? Is the rally going to continue into the new year?

See targets and see our strategy for the coming days leading iinto the new year.

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