ShepWave
ShepWave IMPORTANT Updates for Monday Published. TIME CYCLE TURN DATE COMING!
by ShepWave.com
Posted: 12/9/2016 16:44 EST
We are seeing some very critical technicals at this time.
When will this rally end? Will the Dow hit 30,000 like many are predicting?
Notice how most of the pundits were of the opinion that a Trump victory would cause the markets to come down? We at ShepWave do not get into political views. However we are always evaluating the technicals to give us guidance. It has worked well with this recent rally.
AGAIN, YOU JUST CAN'T MAKE THIS STUFF UP!
There is an important TIME-CYCLE TURN DATE COMING UP!
NOTE: the $35 One Month Subscription Special will be ending (removed totally) soon. The $109 ShepWave Subscription Special will be raised this shortly.
Log In at wwww.shepwave.com for Monday's TWO IMPORTANT ShepWave Updates.
Even long term subscribers sometimes have questions regarding the different time frames ShepWave uses in giving trading triggers and signals (BUY OR SELL).
We have placed a tutorial in the Pre-Market / Intra Day Update for Monday (at the bottom) to help clarify any questions you may have.
The purpose of ShepWave is to make your trading and investing more profitable. That is the reason we are here.
The notes that have been added to the Update are pasted below, at the bottom of this email.
The $35 and $109 Subscription Specials are still active but the rates will be raised shortly.
Please never hesitate to email me at shep@shepwave.com of you have any questions. We at ShepWave purposefully keep the subscription base down to a level at which we are able to reply to each of our subscribers and to give a personal touch to the analysis if needed. Hence, that is why we will raise rates, to weed out some of the *undesirables*. Note: if you are receiving this email or are a current subscriber you are in no way what I term an *undesirable*.
Log In at www.shepwave.com for Monday's Updates.
Below are some informational or educational clarifications regarding how ShepWave does technical analysis. If you still have any questions please never hesitate to email me at shep@shepwave.com. I am here to help you make money. It is that simple.
Here are some basic guidelines regarding the different time frames that ShepWave uses in giving analysis. As a simple rule, the shorter the time frame used in giving a signal the more aggressive and therefore more risky the signal.
1. The very aggressive trades that I have been discussing (and taking) recently I have been basing on the very aggressive 5 minute time frames. I do not show these charts. Basically these are useful for short term day trades only and we should keep in mind that because these are very aggressive, that the odds of a reversal are higher than if we based a trade from a different--or longer--time frame.
2. The 15 minute chart is useful for short term day trades as well. It usually serves for a position of 1-3 days, but again, because this is still an aggressive signal, we should be ready for a sudden reversal.
Also note: that ideally when taking a trade using any time frame the set-up is also what will determine how aggressive a trade may be. For example: say by Tuesday morning, we see the QQQ at a new recent high. And suppose we see clear recent bearish divergence on the 15 and possibly even the 60 minute time frames. So, WHEN we do see the sell trigger, the fact that we had recent clear bearish divergence gives a more secure trade set up and can actually make a very aggressive trade a not-so-aggressive trade.
Also: it is not always ideal to base triggers on the 50 or 200 period moving averages. It is always preferred to use an actual trend line. Recently it does appear that the 50 and 200 period moving averages have been working fine, but this will probably change in the near future.
3. The 60 minute time frame works best for swing trade positions, or for what I call the mid term trend. Usually we can anticipate a 3 week to 6 week average here, but the length of the move with regards to time can vary depending upon how active the markets are; for example we could easily see a sell signal on the 60 minute time frame that hits its ideal lower targets within a couple of days, instead of taking several weeks to do so. When I say mid term (or swing trade position) often I am referring to #1 the time frame of chart we are using for the signal and #2 the distance traveled more than the time it will take the action to transpire.
I hope this helps. Please email me if you have more questions.
Pre-Market additional notes published.
This is going to be a very important week for the markets, technically speaking.
Remember the Time-Cycle Turn Date that we have coming up.
The markets remain highly predictable and therefore highly profitable. Read this morning's additional pre-market notes carefully. There is a new TRIGGER given.
The $35 and $109 Subscription Specials are still active but the rates will be raised shortly.
Please never hesitate to email me at shep@shepwave.com of you have any questions. We at ShepWave purposefully keep the subscription base down to a level at which we are able to reply to each of our subscribers and to give a personal touch to the analysis if needed. Hence, that is why we will raise rates, to weed out some of the *undesirables*. Note: if you are receiving this email or are a current subscriber you are in no way what I term an *undesirable*.
Log In at www.shepwave.com for Monday's additional pre-market notes and Intra Day ShepWave Updates.
|
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.
|
