ShepWave TWO Updates for Monday Published. Are the Equity Markets Topping?
by ShepWave.com
Posted: 1/12/2018 20:22 EST
Second Update for Monday Published:
There are not a whole lot of new notes here for the daily time frames. The equity indexes and commodities have been trading right on track with signals.
Should we be ready for a sudden reversal? What is the risk of holding on to long side positions?
See notes and analysis in the TWO updates (so far) published for Monday.
Log In at www.shepwave.com for the Regular Update for Monday: Equity Index, Crude Oil, Gold, and VIX analysis. DAILY CHART ANALYSIS.
Proper Technical Analysis is a Science, an Art, and a Discipline:
It is a SCIENCE in that we identify and analyze key technical occurrences and correlations. These lead to patterns which can be used to identify probable future directional movements.
It is an ART because there are times when the strict definitions and observations have variable outcomes. The efficient market analyst has the history and experience to put together all of the contextual observations--which go beyond the bounds of the immediate contextual evidence--to find the most probable future pattern. Note most analysts do not actually provide future probability in the same way ShepWave does.
It is a DISCIPLINE in that we have guidelines to use to minimize any possibility of the market(s) going against our prescribed direction. This is also one of the aspects that most analysts do not designate clearly. This can make the difference between a consistently profitable trader/investor or one who loses consistently.
The Special ShepWave Update for Monday has been published. This update shows the weekly time frame analysis for the major U.S. equity indexes as well as for Crude Oil and for Gold.
A lot of people have been trying to call the top in the major U.S. equity indexes for years now--only to fail attempt after attempt. Please read the notes in this update carefully. Remember, any bullish (or bearish) implications we are seeing on the weekly time frame for equities need to be kept in context when considering shorter term trades.
Look at the analysis and recent triggers for CRUDE OIL.
Look at the recent triggers in GOLD.
AGAIN, YOU JUST CAN'T MAKE THIS STUFF UP!
We hope everyone is enjoying their weekend.
Log In at www.shepwave.com for Monday's ShepWave Updates.
$169 One Year ShepWave Subscription Special.
ShepWave $169 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
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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