ShepWave ALL UPDATES FOR MONDAY PUBLISHED. GOVERNMENT SHUT DOWN --or--MUCH ADO ABOUT NOTHING?
by ShepWave.com
Posted: 1/19/2018 20:59 EST
We have received a handful of articles from speculators on the Government Shut-Down--or as we prefer to call it:Much Ado About NOTHING!
Please take into consideration the larger perspective when trying to read-in any market expectations.
FOLLOW SHEPWAVE ANALYSIS AND TRIGGERS!
The futures are down a bit at this time for the U.S. equity indexes. As ShepWave Traders--most of you know all too well, how to play a gap down open in the current situation.
Please at least--read the notes in the top section of Monday's Pre-Market Update to give additional clarity as to how to trade tomorrow. This mainly pertains to short term traders but also needs to be understood for short--to--mid term (swing) traders.
THEN read the analysis in both of the SPY (SPX) charts--paying extra close attention to the notes and analysis in the 15 minute SPY chart. Gap opens and situations as we are currently seeing in the U.S. equity markets are what most of us here at ShepWave prefer from a short term aggressive perspective.
ALSO--consider we have a TIME-CYCLE-TURN DATE coming. So, some whip-saw activity would be preferred from that perspective.
Log In at http://www.shepwave.com/ for ALL THREE ShepWave Updates for Monday and the GOVERNMENT SHUT-DOWN--or Much Ado About Nothing.
Second Update for Monday Published:
Look for some possible market volatility due to the government shut down. Still, we stay objective and follow triggers as they come. Do not try to anticipate any market moves prematurely.
Log In at http://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
http://www.elliottwave.com/Investing/Why-Sometimes-Beating-the-S-P-500-Is-not-Good-Enough?acn=6sw&rcn=aa742&sc_camp=9B652E61484847C19E1BAF8E75563615&dy=aa011918
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This article was syndicated by Elliott Wave International and was originally published under the headline Why Sometimes, "Beating the S&P 500" Isn't Good Enough. 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.
Here is LINK:
http://www.elliottwave.com/Investing/Why-Sometimes-Beating-the-S-P-500-Is-not-Good-Enough?acn=6sw&rcn=aa742&sc_camp=9B652E61484847C19E1BAF8E75563615&dy=aa011918
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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