ShepWave

ShepWave IMPORTANT Updates for Thursday. AGAIN, YOU JUST CAN'T MAKE THIS UP!
by ShepWave.com
Posted: 12/21/2016 18:42 EST

This week's activity has been very predictable. The range bound activity we were anticipating has held. Remember we have a very important technical time period coming up relating to one of our favorite chart patterns. Just as Tuesday's market did rally, as we anticipated from our wedge diagonal, so we have another pattern that should give us some guidance for the time period from Friday through next Wednesday.

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

Perhaps it is TIME TO TURN OFF THE CNBC!

Remember short term traders will want to focus on the Pre-Market / Intra Day Update and the mid term and longer term traders and investors will want to read the notes in the 60 minute charts in the Pre-Market / Intra Day Update but also focus on the daily time frame analysis as given in the Regular Update for Thursday.

The $35 One Month and $109 One Year Subscription specials are still active, but will be ending very shortly.

Log In at www.shepwave.com for Thursday's TWO IMPORTANT ShepWave Updates.

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10:01 AM ET. Intra Day Update. NEW TRIGGERS!

We do have some aggressive triggers being hit today. But it is important to follow along with the confirmation areas.

It is very important to read all of the notes in the various time frames. This will give you a clear view of what the markets are setting up to do in the short term as well as the mid to longer term.

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

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11:18 AM ET. Intra Day Update. NEW TRIGGERS!

It is vitally important to note the analysis and specific trigger areas that ShepWave uses in the various time frames.

Remember as objective traders (and investors) we take the triggers and then we are constantly evaluating wave formations and key confirmation trigger levels.

If one is to make money in the markets one can't just have this attitude that is so common by the popular pundits in which they have a view and stick with it and never look for confirmation signals.

IT IS TIME TO TURN OFF THE CNBC!

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

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1:57 PM ET. USA. Important Afternoon Update Published.

We continue to see critical technical action in the major US equity indexes. Remember this is a low volume holiday week; quick intra day reversals would not be a surprise. Read this afternoon's notes and analysis carefully.

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

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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.