ShepWave Pre-Market / Intra Day Update for Thursday. IMPORTANT NOTES ON GAP OPENS IN INDEXES
by ShepWave.com
Posted: 9/21/2017 23:27 EST
Thursday's action was predictable--but still we are looking for some more confirming short-to-mid term signals.
Review the information for Gold and Crude Oil given over the past couple of days.
Will the equity indexes rally to yet new highs? Can the Dow Industrials break 30,000 by year's end? Follow the analysis--and the trigger--and stay objective.
So many of us see some perhaps faulty economic data and automatically assume that the whole economy is falling apart. Please, do not fall into that emotionally based (CNBC type) of approach to your investing OR your trading.
Please read the notes regarding Gap Opens in the equity markets. These are important guidelines, giving some key technicals we look for when the indexes do gap open. Bear in mind that these guidelines come from decades of market observation and technical analysis. Please copy these and keep them somewhere; I will be adding to these notes in the coming weeks.
Log In at www.shepwave.com for Friday's Pre-Market / Intra Day ShepWave Update
Also, with regards to the price increase in ShepWave subscription rates. We raise the rates when the subscription base gets to a certain point. I consider it an imperative for ShepWave to have the time to personal interact with you all as traders. So, don't panic. I basically raise the rates and will eventually cut-off new subscribers merely to limit the number of new subscribers. If you are a current subscriber or a past subscriber just email me--I am not intending to raise the rates on you for renewals.
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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