ShepWave Pre-Market / Intra Day Update for Wednesday Published.
by ShepWave.com
Posted: 7/25/2017 17:02 EST
I personally think it is entertaining when analysts continually try to call definitive market tops; only to see new market tops.
Remember, please watch for initial triggers on the various time frames to support ANY market view. Then we will want confirmation triggers. We do not run on emotion.
Emotion and the markets just do not mix. If we have learned anything over the past few decades being involved in the markets--it is that. Stay objective!
A big move is coming--and in the meantime the markets will weed out the weak traders. (Sorry if this is too anthropomorphic.)
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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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