ShepWave Regular Update for Monday Published
by ShepWave.com
Posted: 4/11/2014 18:28 EST
What a week. The clear technical evidence gave us opportunities to go long and to gauge accurately when to take the profits and to add to bearish positions and even lock in more profits on the short side. The indexes have been moving in a 'picture perfect' fashion with regards to how we do analysis at ShepWave. Hopefully you all learned how to spot some key chart/wave patterns. This is critical; it is also effective in maintaining continued profits.
This update shows the critical analysis using the daily time frame charts. This is actually important for both short term and longer term traders or investors. Even for short term traders, you will want to know what the longer term technicals are indicating. And the same is true for long term investors; you will want the early signals given by the short term charts.
Note the trigger areas and targets in this update. These are highly critical. The volatility has been strong for 2014, just as we anticipated. It should continue. This maximizes our profit potential.
Included in this update is analsysis for the U.S. Major Equity Indexes, Crude Oil, Gold, and the VIX.
Log In at www.shepwave.com for Monday's Regular Scheduled ShepWave Update.
Pre-Market / Intra Day Update for Monday published
As you read the Regular Update for Monday (already published) you noticed the key levels that the indexes sit, at the end of a volatile and profitable week. We continue to see wave patterns (viz. wedge and triangles) in the different time frames which have helped guide our profitable trades. There is an important wedge/triangle pattern shown in this update that has not been discussed yet. It is not until now that this pattern will possibly reveal the next major market move. One thing is almost certain, this pattern does strengthen some future sizable volatility; the key is to be on the right side of the trade.
Read the analysis in this update closely.
Log In at www.shepwave.com for Monday's Pre-Market / Intra Day ShepWave Update.
Important Intra day Update for Monday Published
As anticipated Friday afternoon we are seeing a bounce. Note that #1 we took profits in bearish positions Friday at the close and #2 the initial bounce targets issued Friday evening for Monday's Pre-market update have been hit. Pretty easy right?
There are new triggers just posted. If you are looking to stay long see the trigger. If you want to add bearish positions also see the trigger for that. The indexes continue to trade in predictable patterns which is maximizing our profits. Based on emails it appears a lot of you are catching these moves with us. Nothing makes us happier at ShepWave than when you all make money.
A new trade has been entered. This is a bit aggressive, but since it has been so long since we have had a losing trade I figured we could be a bit aggressive here.
Log In at http://www.shepwave.com/ for today's Intra Day ShepWave Update
IMPORTANT END OF DAY NOTES PUBLISHED AT 3:30 PM ET
We saw some critical action today. Hopefully you all saw the reasons why we exited our aggressive trade quickly earlier in the day. Remember you are looking for follow through to the trade.
NEW TRADE TAKEN this afternoon. We followed the trigger signal as was given earlier in the day.
This is options expiration week; some important notes regarding the significance of this fact are given in this update.
Markets contninue to be highly predictable.
Log In at www.shepwave.com for the END OF DAY NOTES in today's ShepWave Intra Day Update
The Eleventh Anniversary One Year Subscription special has been raised to $114/year. This will be raised gradually until regular rates are reached. This is primarily intended for the regular long term ShepWave subscribers. I am really not too interested in getting many new subscribers. If we see many new subscribers then I will raise it immediately.
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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