ShepWave IMPORTANT Update for Friday Published.
by ShepWave.com
Posted: 6/15/2017 17:33 EST
The major US equity indexes gapped down Thursday. The SPX and Dow Industrials filled the gaps and only closed down slightly on the day--but the Russell 2000 small cap and NDX index lost over .44% on the day. So, what is the divergence? "The Tale of Two Markets"? Or does CNBC just continue to make "much ado about nothing"?
Now is not the time to make assumptions about the major US equity indexes. Please stay objective.
The action in the major US equity indexes Friday, will have short to mid term implications. Watch the action closely.
TURN OFF THE CNBC! At least turn off the volume.
Log In at www.shepwave.com for Friday's Pre-Market / Intra Day Update.
ShepWave will be discontinuing new subscribers shortly. We have met our limit and find it necessary to cut off new subscribers in the near future to ensure that we are able to continue to provide the level of personal service that we have for the past 14 years. This should only be temporary. For renewals just email me at shep@shepwave.com
| 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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