ShepWave IMPORTANT Updates for Monday Published
by ShepWave.com
Posted: 2/24/2017 17:43 EST
Nice predictable action for the short term this week. Notice how our wedge pattern we identified Friday gave us the end of day upward spike to over-throw the upper trend line of the wedge as identified. Identifying these types of patterns are what make day to day trading fun and consistently profitable.
The recent trading range is going to end. Will it end with a higher sloped rally trend? or will it end with a drastic bearish reversal? The Talking-Heads on the famed financial channels keep missing the SELL-OFF. Remember it is not good to be guided by one's emotions and *desires* in trading and investing. STAY OBJECTIVE! TURN OFF THE CNBC!Patience is sometimes the key. The markets have been in a range bound
short to mid term trend for some time. THIS WILL END.
In fact it
could end sooner than what some are saying. The key is to watch the
technicals.
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
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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