ShepWave IMPORTANT UPDATES FOR THURSDAY.
by ShepWave.com
Posted: 9/27/2017 21:57 EST
IMPORTANT INTRA DAY UPDATE FOR THURSDAY:
We are seeing some interesting wave/chart patterns in the recent action. These patterns bring in some potential aggressive trades for some of you more aggressive traders. Please read the new notes and analysis carefully.
Understanding what chart characteristics imply a common pattern for a particular outcome is important. A common or necessary pattern (characteristic) is different from a sufficient pattern (characteristic).
Log In at www.shepwave.com for today's ShepWave Intra Day Update.
The Regular Update for Thursday (showing the daily time frame analysis) has been published.
Note that we did see the anticipated new highs in the indexes--and we are seeing some bearish divergence in some of the critical indexes. But that is not the end of the story; pay close attention to the new notes and analysis in the Dow Transportation index. Remember, the indexes do work together--especially in key turning points.
Also, the mysterious Mr. T. has provided some of his insights into trading Crude Oil. Read the notes carefully.
As well, we did see the quick spike in the VIX as anticipated and it held the key upward targets.
Log In at www.shepwave.com for Thursday's Important ShepWave updates.
BOTH ShepWave Updates for Thursday have been published.
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.
3 Videos + 8 Charts = Opportunities You Need to See.Join this free event hosted by Elliott Wave International and you'll get a clear picture of what's next in a variety of U.S. markets. After seeing these videos and charts you will be ready to jump on opportunities and sidestep risks in some major markets. This free report (a $29 value) will present a unique outlook and give you a new perspective on the markets you won't get anywhere else. |
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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