ShepWave IMPORTANT Updates for Friday. TIME-CYCLE TURN DATE!
by ShepWave.com
Posted: 5/11/2017 17:30 EST
SPECIAL Update for Friday: 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.
In this update we see a lot of new technicals including some new signals (mainly in SLV and GDX). But remember we are in a potentially very important TIME-CYCLE turn window in which we could see some critical short to mid term technicals not only in the commodities but mainly in the major US equity indexes. Notice how today's equity indexes went right to the edge of some anticipated points of technical interest.
The Pre-Market Update for Friday giving the shorter term analysis for equities will be published shortly.
Log In at www.shepwave.com for Friday's ShepWave Updates.
2nd IMPORTANT Update for Friday. EQUITY INDEXES
This second update for Friday contains the important short and short to mid term analysis for the major US equity indexes.
I cannot stress enough how important these notes and trigger points are. Please take special attention to the notes and analysis in the 15 min SPY and 15 min QQQ charts; we have some short term patterns emerge on Thursday which very likely will play into our TIME-CYCLE TURN DATE and short to mid term trend change.
Log In at www.shepwave.com for Friday's TWO Important ShepWave Updates.
IMPORTANT INTRA DAY UPDATES PUBLISHED:
The indexes continue to behave predictably. The wedge pattern which was identified yesterday is working out well, so far. Read the new note in the QQQ (NDX) chart and realize the implications that this will have on the SPY (SPX) and other major US equity indexes. This move should happen by Monday or Tuesday of next week.
GDX (and mining stock traders) please use stops to guarantee that you lock in profits. Since our buy signal earlier this week we have seen a somewhat sharp rise. Read the overall analysis as given in today's Special ShepWave Update.
Log In at www.shepwave.com for today's Intra Day ShepWave Updates.
ShepWave $149 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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