ShepWave Pre-Market / Intra Day Update for Wednesday.
by ShepWave.com
Posted: 7/18/2017 16:42 EST
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IMPORTANT INTRA DAY UPDATE FOR WEDNESDAY PUBLISHED:
As you have been following along you have seen our key short to mid term support lines re-tested and then a rally continued. Now we have two gap up opens left unfilled in the SPY (SPX). Will there be a third?
Again, YOU JUST CAN'T MAKE THIS STUFF UP! Can we make a sell signal now? Please stay objective. TURN OFF CNBC!
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ShepWave $109 One Year Subscription special for our valued customers will end soon. Thanks to all of our regular customers of 14 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.]
14 Year Anniversary
Always consider the analysis from various time frames at all times regardless of how aggressive of a trader you may be. Most unseasoned traders seem to get blinders on and fail to consider the various time frames. Remember, that a sell signal on the 15 minute time frame is an aggressive sell signal and that we want to always consider the analysis and implications from the various--and longer--time frames.
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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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