ShepWave

ShepWave INTRA DAY UPDATES. You just gotta laugh...Markets remain highlhy predictable.
by ShepWave.com
Posted: 12/14/2016 14:32 EST

You really just gotta laugh at how predictable the markets have become. Why are not the talking heads on CNBC getting this? Well, you will need to ask them.

The markets are at a very critical point as we have been saying. Please do not make too many assumptions from today's activity. READ THE NOTES, CHARTS and ANALYSIS in the ShepWave Updates.

And most importantly, KEEP MAKING MONEY!

Log In at www.shepwave.com for today's CRITICAL Intra Day ShepWave Updates.

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TURN OFF THE CNBC!

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IMPORTANT AFTERNOON UPDATES PUBLISHED!

The whip-saw activity is coming just as anticipated. The key to focus on is the actual TRIGGER AREAS. Stay objective.

New notes and analysis have been added to this afternoon's update.

Log In at www.shepwave.com for today's Afternoon Important Intra Day ShepWave Updates.

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End-of-Day Update Published.

AGAIN, YOU JUST CAN'T MAKE THIS STUFF UP!

Nice, easy--and predictable--day of trading. Gotta love it when it comes so easily, right?

So, what does today's action say for the mid to longer term trend? For that you will want to pay close attention to the 60 minute charts in our Pre-Market / Intra Day Updates and the Daily charts given in our Regular Updates (For Monday and Thursday).

The mid and longer term trends have been easy to identify as well. There are just a lot more trading opportunities on the shorter term time frames. But we know that short term trading is not for everyone.

BOTTOME LINE#: IT IS TIME TO TURN OFF THE CNBC!

Log In at www.shepwave.com for today's End-of-Day ShepWave Update.

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Side note: I just turned on CNBC for a quick minute. They are trying to hypothesize why the markets are selling off right now. It is just ridiculous at how clueless these people are. This is not a pejorative statement; not when it is true.

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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.