ShepWave IMPORTANT Pre-Market / Intra Day Update for Wednesday. AGGRESSIVE SIGNALS?
by ShepWave.com
Posted: 10/3/2017 23:15 EST
POTENTIAL NEW AGGRESSIVE TRIGGER COMING!
Remember in mid to late August when we showed the short term wedge pattern? From that we saw the recent rally taking many of the major U.S. equity indexes to brand new all time highs. Well, now we are seeing another potentially critical pattern which is also one of our favorites to trade at ShepWave. This pattern too, could be ready to signal a coming big move in equities.
The key here is to:
(1) read ALL of the new notes in all of the charts for Wednesday. I have waited until now to present this possibility for an aggressive reversal for a reason.
(2) take the signals one by one--understanding with each
one the signal is strengthened.
(3) therefore, you can adjust your entry point depending upon your own risk tolerance and trading style.
(4) realize that markets don't typically move straight up OR straight down. (This is not really new trading guidelines I am giving here--but some of the newer traders here need to get up to speed perhaps.)
SO BE READY!
In a few days I may be saying "You Just CAN"T MAKE THIS STUFF UP!"
Log In at www.shepwave.com for Wednesday's Pre-Market / Intra Day ShepWave Update.
The $139 ShepWave Subscription Special will be ending VERY SOON! Typically I would cut off new subscribers but we will try to leave open subscription open for a short while longer. But, we are at our maximum number now.
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 Here's Why the Time to Worry About the "Fear Index" is NOW, Not Later. 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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