ShepWave Pre-Market / Intra Day Update for Tuesday. BIG MOVE COMING FOR STOCKS?
Posted: 10/9/2017 23:46 EST
IMPORTANT INTRA-DAY UPDATE PUBLISHED for TUESDAY:
We did see new highs this morning in the major U.S. equity indexes, as anticipated.
As well, we are seeing clear-bearish-divergence on many of the important time frames.
And, as well, notice the new highs this morning were from a gap up open and then the markets came down.
So, is it time to go bearish?
Log In at www.shepwave.com for today's Intra Day ShepWave Update.
Based on some recent email exchanges--a lot of us may sense a coming trend change for the major stock indexes; or possibly a steeper upward slope to the current trend.
I think we should stay objective. Based on our recent uptrend, from the short term bullish wedge patterns we saw around August 20-22, this trend should be about ready to change.
Pay close attention to the updated technicals and triggers. Remember we could see the Island pattern play into a nice aggressive signal.
Log In at www.shepwave.com for Tuesday's Pre-Market / Intra Day ShepWave Update.
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ShepWave $139 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
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|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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