ShepWave IMPORTANT Updates for Wednesday Published.
by ShepWave.com
Posted: 5/2/2017 17:45 EST
ShepWave SPECIAL Update for Wednesday: Special GOLD (Weekly and Daily) Charts; 60 min GLD charts; 60 min SLV charts; Daily and 60 minute GDX (mining) charts; weekly and daily Crude Oil charts.
The markets are at a critical point. This includes not only the equity indexes but the metals, mining stocks and oil. Please read these notes and analysis in this update carefully. There is a correlation between the commodities and equities and at this time we see a potential drastic change coming shortly.
Remember we have a potentially very strong Time-Cycle Turn Date coming up in May. This is a highly critical date and we will be covering more on this as we approach this date.
Log In at www.shepwave.com for ShepWave Updates.
IMPORTANT Pre-Market / Intra Day Update for Wednesday Published
Last week we saw a second gap up open for the major US equity indexes--and now the SPX has had 7 days of range bound activity. Do not let this recent range bound activity fool you. The major US equity indexes are setting up for a major move.
Note that we have a potential major Time-Cycle Turn Date coming up very shortly. Expect the action in the markets to indeed heat up!
Pay close attention to the difference between the aggressive short term view and signals (15 minute charts) and the short to mid term more cautious view and signals (60 minute charts).
Due to the critical nature of the markets currently ShepWave will probably suspend new subscribers for a brief period of time soon.
Log In at www.shepwave.com for Wednesday's ShepWave Updates.
Our three recent Treasury Bond charts combine to show you trader sentiment, price action and important near-term turns and trends.
Learn the Why, What and How of Elliott Wave Analysis
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This article was syndicated by Elliott Wave International and was originally published under the headline Recall This Bond Trader Chart? Here's What Happened. EWI is the world's largest market forecasting firm. Its staff of full-time analysts led by Chartered Market Technician Robert Prechter provides 24-hour-a-day market analysis to institutional and private investors around the world.
| 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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