ShepWave
ShepWave.com
ShepWave.com
Elliott Wave Theory stock market technical analysis. Major U.S. Indexes.
Specializing in QQQ and the DIA analysis and trading. QQQ and DIA Options trading.
ShepWave's BLOG

ShepWave

ShepWave Pre-Market / Intra Day Update for Friday Published.
by ShepWave.com
Posted: 3/16/2017 19:35 EST

 The US Equity markets are at a very important juncture.  Will the rally continue?  Many analysts have been calling market tops for the past several years, only to be wrong time after time. But also, there are many analysts who continue to always be blithely bullish. If one reads/watches most financial news sources he could find an equal number of bullish and bearish articles with no clear distinction. Which ones does one believe?

Now is not the time to be taking these markets for granted. ShepWave is seeing some critical technicals at this time that do warrant some serious attention. We have entered into some new aggressive positions this week and are looking to double these positions in the next few trading sessions, depending upon seeing confirmation signals.

That is the key: always be looking for confirmation signals. Most analysts would not know what a confirmation signal is or what one looks like. Not trying to be pejorative here; just stating the truth as we see it after decades of being in the industry.

Log In at www.shepwave.com for Friday's Pre-Market / Intra Day ShepWave Update.

 

$129 One Year ShepWave Subscription Special.

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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