ShepWave
ShepWave Pre-Market / Intra Day Update for Friday Published
by ShepWave.com
Posted: 12/29/2016 17:50 EST
YOU JUST CAN'T MAKE THIS STUFF UP!
Once again, we continue to see predictable and profitable action in the equity indexes as well as gold and crude oil.
The $35 One Month and $109 One Year Subscription Specials are still active--and are being offered to new subscribers for now--but will be ending shortly.
Log In at www.shepwave.com for Friday's Pre-Market / Intra Day ShepWave Update.
9:55 AM ET USA. Intra Day Update:
ONCE AGAIN, YOU JUST CAN'T MAKE THIS STUFF UP!
Notice how for the past few weeks the indexes have provided clear trading ranges from which we could gauge our trades. The indexes have not moved up or down a whole lot over the past few weeks, but based on emails, this has been a very profitable period for many of you.
This range bound activity is going to end. That is a definite. The objective trader will be ready and possibly even positioned for the next big move.
NOTE: We are making some position changes by the end of day today.
The $35 One Month and $109 One Year Subscription Specials will be ending shortly. Time to keep out some of the riff-raff in the new year by raising rates. If you are a previous or current subscriber email me. I do not want subscribers to be affected by the rate increases.
Log In at www.shepwave.com for today's Intra day ShepWave Updates.
11:43 AM ET USA. Intra Day Update. POSITION CHANGES TODAY:
Markets remain very predictable and therefore, very profitable. With this extended holiday weekend coming you will want to thoroughly consider which (if any) short term positions you will leave open over the weekend. Remember, the markets have been highly predictable and profitable for short to mid term traders and even mid to longer term investors. But, if you are a short to mid term trader, there are always some considerations to make.
Oh yea. Based on emails it is TIME TO TURN OFF THE CNBC!They are emotionally driven and do not use an objective system of trading.
Log In at www.shepwave.com for today's Intra Day ShepWave Updates and position change details.
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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.
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