ShepWave Pre-Market / Intra Day Update for Monday Published
by ShepWave.com
Posted: 4/5/2014 22:17 EST
The recent trend for the U.S. Equity indexes has been very predictable. We continue to lock in profits in the 'ratcheting' of our positions. As anticipated the NDX has been one of the more volatile indexes. The current NDX positions will probably be doubled this next week. We are anticipating 100% profits in at least the options play.
For those of you who have been following along it has been some 'easy money.' Note that the current trend formation will in fact change. The key is to use the technical analysis to prepare for these even more sizable moves. We have seen several large percentage intra day moves so far this year; and we have locked in sizable profits being on the right side of the market. These moves could become even larger in the near future.
Read the three udpates for Monday. This Pre-market Update shows potential bounce targets and our trading strategy for Monday. Additional pre-market notes will be published later Sunday evening based on the overseas and futures action. That may change our strategy for Monday.
Log In at www.shepwave.com for Monday's Pre-Market / Intra Day ShepWave Update
Intra Day Update Published for Monday
As I have said before, 'you just can't make this stuff up.' The markets continue to give clear and profitable trading signals.
Use stops to lock in profits. We are still open the Options play as well which was entered about a week ago.
There are some key short term targets given in this update which could in fact easily be hit this week. But we will also be looking for the next buying opportunity. That is the key: to make money off of stocks going down and stocks going up.
Also, be careful listening to the pundits on CNBC or other financial news stations. Many of them are very brilliant men and women, but honestly they are not giving any useful information in my opinion.
Log In at www.shepwave.com for today's Intra Day ShepWave Update.
The ShepWave Subscription Special has been raised to $164 for One Year. It seems that most of the regular ShepWave subscribers have already taken advantage of this; and it is primarily intended for renewals, not for new subscribers. This rate will continue to raise every day or so until the regular subscription rates are met.
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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