ShepWave Pre-Market / Intra Day Update for Wednesday Published.
by ShepWave.com
Posted: 9/26/2017 23:21 EST
As suspected, we are seeing some short term working-out of patterns. While the major U.S. equity indexes continue to trade in a fairly tight range--this range is about to end shortly.
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CLICK ON LINK BELOW FOR EWI ARTICLE
Here is the link to copy-and-paste if necessary:
http://www.elliottwave.com/r.asp?acn=6sw&rcn=aa708&dy=aa092217&url=http://www2.elliottwave.com/affiliates_pr/archives/2017/09/22/Stock-Markets-Proper-Value-Is-Nonsense-Heres-Why-aa.aspx
Should investors rely on traditional ways of evaluating the stock market's "proper value"? You might be surprised at what these four charts show.
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This article was syndicated by Elliott Wave International and was originally published under the headline Stock Market's "Proper Value" Is Nonsense -- Here's Why. EWI is the world's largest market forecasting firm. Its staff of full-time analysts led by Chartered Market Technician Robert Prechter provides 24-hour-a-day market analysis to institutional and private investors around the world.
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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