ShepWave IMPORTANT UPDATES FOR MONDAY. Market Continue to be predictable!
by ShepWave.com
Posted: 8/20/2017 23:45 EST
All three ShepWave Updates have been published for Monday.
This is going to be a very important week for the U.S. markets, technically speaking.
STAY OBJECTIVE!
TURN OFF CNBC!
Remember for the Monday of two weeks ago I said, "that we do have a potential Time-Cycle Turn Date in effect right now. This means that we could see a market top within the next couple of days. (Possibly only a short to mid term top, so don't get too anxious yet.)"
Well we did get a new high on the following Tuesday. And even saw the strong bearish reversal in the same day to add support to that signal.
So, is a key top already in as a result of this--for the major U.S. equity indexes? THERE IS ABSOLUTELY NO CONFIRMATION OF THAT YET!
Last week we saw more short to mid term bearish signals--as anticipated. The intra day bounce we saw on Friday was also foreseen, coming within 6 cents of our intra day bounce target for the SPY.
BOTTOM LINE: the markets continue to be highly predictable, for objective traders who know how to use technical analysis properly.
This is NOT the time to be a lazy or emotional / non-thinking trader. TURN OFF CNBC!
Log In at www.shepwave.com for Monday's IMPORTANT ShepWave Updates.
Due to the technicals and the fact that ShepWave is at our preferred maximum number of subscribers to maintain our personal service--we will begin raising prices for new subscribers.
ShepWave $119 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
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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