ShepWave
ShepWave IMPORTANT Pre-Market / Intra Day Update for Friday. THE PERFECT STORM HAS ARRIVED.
by ShepWave.com
Posted: 12/15/2016 18:49 EST
This week has succeeded in being range bound as anticipated. In fact we now have two particular chart patterns (two of our favorite at ShepWave) which may be working together to guide us in our trading beginning in a very specific way Friday morning (depending upon the open) and going at least through next week. These two patterns are somewhat speculative at this time, but it will all depend upon Friday's open. SO READ THE NOTES AND ANALYSIS CAREFULLY IN THIS UPDATE!
The PERFECT STORM I am referring to is not necessarily a long term bearish implication; it may have some short term bearish moves, but mainly I am using the phrase because of the way these two particular chart patterns--along with a multitude of technical signals--seem to be working together at the current time.
The $35 One Month and $109 One Year Subscription Specials are still running, but will end shortly.
Log In at www.shepwave.com for Friday's IMPORTANT Pre-Market / Intra Day ShepWave Update.
8:46 AM ET IMPORTANT Pre-Market Notes and Analysis Added.
This week has been just as ShepWave anticipated. Some new highs hit--as anticipated--but basically the indexes have been in a short term range bound area, also as anticipated.
The current range will be changing soon. We have a potential strong mid term (swing trade) coming in the next day or so.
We will be publishing our Intra Day Intensives (multiple intra day updates) through-out the day today. There is no extra charge for this extra feature and we will by doing this more and more often in the future.
Log In at www.shepwave.com for today's Pre-Market Additional Notes in today's ShepWave Update.
11:20 AM ET. Intra Day Update. NEW TRADE POSITIONS!YOU JUST CAN'T MAKE THIS STUFF UP!
The markets remain predictable and profitable. If you took the aggressive trades then read the analysis in this intra day update. Remember the mid to longer term views even if you are trading short term aggressive positions. The trading has been easy lately, but that is because--and only true--if we follow our objective guidelines.
Log In at www.shepwave.com for today's Intra Day ShepWave Updates and TRADE POSITION DETAILS!
11:47 AM ET USA. Intra Day Update.
Remember the chart patterns we are anticipating for today (which panned out) and for Monday. These chart patterns--especially the potential trade set up for Monday--are very important. ShepWave has exited some of today's positions.
Log In at www.shepwave.com for today's Intra Day ShepWave Updates and Trade Details.
2:01 PM ET. Intra Day Update Published.
Based on emails at least most of you have been able to profit from the anticipated market action as we saw on Monday and even over last weekend.
Two of our favorite chart patterns (1) the Time-Cycle Turn Date and (2) the potential Island Reversal pattern, have worked out nicely.
YOU CAN'T MAKE THIS UP. In fact the indexes stayed in a nice and tight trading range, as anticipated.
But, this week's trading range is about to be broken. Next week is going to be critical. Stay on top of reading the ShepWave Updates for analysis and guidelines, regardless of what time frames you change.
Log In at www.shepwave.com for today's IMPORTANT Intra Day ShepWave Update.
|
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.
|
