ShepWave IMPORTANT Updates for Thursday Published.
by ShepWave.com
Posted: 5/31/2017 16:47 EST
Despite the recent range bound activity for many of the indexes and commodities we are seeing some critical technicals in the current markets.
Take the Crude Oil chart for example; we saw a key mark retested recently; sometimes our preferred direction is not a straight shot--markets typically do not go straight up or straight down. The good analyst and trader knows how to spot the most likely direction for the future.
Gold too remains predictable but note the key technical areas and targets.
Two updates for Thursday have been published. Read both updates, regardless of what you trade and in what time frame you trade: day trader to long term investor. It is important to always stay on-top of market technicals.
Log In at www.shepwave.com for Thursday's Important ShepWave Updates.
| 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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