ShepWave Pre-Market / Intra Day Update for Friday Published. TURN OFF THE CNBC!
by ShepWave.com
Posted: 2/2/2017 17:14 EST
Once again, YOU JUST CAN'T MAKE THIS STUFF UP!
Notice how many PROFITABLE short term trades we have taken already this week? The short term patterns, e.g. Island Reversals and multiple short term wedge patterns, have enabled a good amount of aggressive no-brainer trades this week. Based on emails at least most of you have been locking in profits all week.
The mid to longer trends have been obviously easy to track. But at this time even mid to longer term traders need to be watching the recent technicals. Are the major US indexes ready for a trend change with regards to the mid to longer term trends?
It is interesting--many of you email me reports from other analysts who just seem to never get it right. Remember that ShepWave analysis is much more than slapping on a wave count. So many analysts who call themselves elliotticians are so concerned with the labeling of the action that #1 they are usually wrong and #2 miss the truly profitable trades. ShepWave uses proprietary tools that others do not use. Perhaps this is from decades of trading and analysis we just have a more clear focus on what really matters when in comes to making money.
Log In at www.shepwave.com for Friday's Pre-Market / Intra Day ShepWave Update.
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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