ShepWave Pre-Market / Intra Day Update for Wednesday. YOU JUST CAN'T MAKE THIS STUFF UP!
by ShepWave.com
Posted: 1/31/2017 17:27 EST
CAN'T MAKE THIS STUFF UP!
TIME TO TURN OFF THE CNBC!
Was that an Island Reversal we saw? So far it sure appears to be, huh? But remember, we are always watching for confirmation action and signals.
The markets are beginning to heat up and volatility will be coming back in a good way for objective traders. The indexes will be providing many profitable opportunities that will be predictable; just as they have been.
Remember how all of the talking heads were calling for a sell off if Trump won; or the mantra, "Sell the Inauguration"? Well they will continue to use emotion as a tool. But it never works.
Log In at www.shepwave.com for Wednesday's'Pre-Market / Intra Day ShepWave Update.
9:49 AM ET USA. Intra Day Update. NEW TRADE!
This morning's gap up open fits with our anticipated overthrow of the wedge pattern we indicated yesterday.
You just can't make this stuff up!
So, what now? Are the markets going to rally to the moon, to 50,000? (That is my CNBC impersonation.)
Log In at http://www.shepwave.com/ for today's Intra Day ShepWave Updates and Trade Details.
10:12 AM ET USA. Intra Day Update. YOU JUST CAN'T MAKE THIS STUFF UP!
Well, there you have it. By viewing the wave patterns and chart patterns and using the basic principles taught from ShepWave (even regarding gap opens) we got into a short term aggressive trade in which the timing could not have been any more precise.
AGAIN, YOU JUST CAN'T MAKE THIS STUFF UP!
Now, will we need to exit this trade today? What are the mid term implications of the technicals? Read notes and analysis closely in today's Updates.
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12:00 PM ET USA. Intra Day Update. STAY OBJECTIVE!
It is not uncommon for ShepWave subscribers to become a bit overconfident with our trading calls to the point that they may lose their own objectivity.
The recent technical signals that ShepWave has been seeing and issuing have demonstrated that the markets are in fact easy to predict and that as long as one is objective, making money on a continual basis is not such a difficult thing to do.
But please, do not be blinded by your own success. Stay objective. Keep in mind the various technicals and triggers we are looking for on the various time frames.
STAY OBJECTIVE---TURN OFF THE CNBC---MAKE MONEY!
Log In at www.shepwave.com for today's Intra Day ShepWave Updates.
Click Here and Click Here to see recent time stamped charts with markets calls. These are periodically changed to show the wide range of vehicles that ShepWave covers.
ShepWave $129 One Year Subscription special for our valued customers will end soon. Thanks to all of our regular customers of over 13 years. This special offer is being extended to any new subscribers as well, for a short time only. [To current up-to-date subscribers, the one year will automatically be added to your expiration date.]
13 year anniversary
Some of our calls from December in the QQQ /NDX and Gold
| 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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