ShepWave
ShepWave IMPORTANT Updates for Thursday Published. CURRENTLY SEEING CRITICAL TECHNICALS.
by ShepWave.com
Posted: 1/4/2017 17:21 EST
Here are links for some past charts on our Facebook pages:
https://www.facebook.com/166578775325/photos/a.10153488951800326.1073741827.166578775325/10154303985890326/?type=3&theater
https://www.facebook.com/shep.wave/photos/a.1794054320821953.1073741826.1794054277488624/1960533384174045/?type=3&theater
Once again, the markets are behaving in predictable and therefore profitable patterns.
Yesterday one of our long-time subscribers emailed me an article about JP Morgan saying 'that it was not a surprise that we saw a sell off Tuesday, but that the real issue is why we had the gap up in the morning.' (I am paraphrasing.)
I assume this article was from CNBC. I am not really sure as I did not read it that closely.Notice how the markets did in fact rally after that, and as we anticipated put in even new higher highs today. I can just imagine what they are saying today.
I do not rely on CNBC or any other source for such drivel. By the time these people write anything it is old news; and worse, as this example shows they are clueless as to giving any real trading guidelines.
Read the notes and analysis in ShepWave Updates and as in the past you will have the information necessary to give you profitable trades.
Log In at www.shepwave.com for Thursday's IMPORTANT ShepWave Updates.
Note that ShepWave is nearing its maximum number of subscribers. The current rates will be raised to limit new subscribers.In a couple of weeks we will not allow new subscribers for a period of time. If you are a current or past subscriber, do not worry. Just email me; we always have a place for you. We do this just to limit the number of new subscribers and to be able to continue giving the personal style of service we have been giving for almost 14 years.
8:59 AM ET. USA.
The futures are down a bit this morning. Uh oh, does this mean a market sell off is coming? (Again, my CNBC imitation.)
Trading gap opens is one of our favorite methods of trading at ShepWave. I know, I have been gauging gap opens for at least 30 years. They are a good way for short term traders to make consistent money. The secret: don't get too greedy; use the technicals as your guidelines; and use stops to lock in profits quickly.
Log In at www.shepwave.com for today's Pre-Market / Intra Day ShepWave Update.
11:44 AM ET USA. Intra Day Updates.
Don't you just love the no-brainer trades.
If you took this morning's trade, put the money in the bank.
NEW TRADES NOW; especially for aggressive traders.
Log In at www.shepwave.com for today's Intra Day ShepWave Updates.
2438.....1156
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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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