ShepWave IMPORTANT Updates for Thursday. TRIGGERS and TARGETS WORKING FLAWLESSLY ON MANY TIME FRAMES!
by ShepWave.com
Posted: 2/14/2018 22:00 EST
IMPORTANT INTRA DAY UPDATE FOR THURSDAY. BOUNCE TARGETS GETTING HIT! NOW WHAT?
Remember last Friday, as many of you were emailing me panicked about the market sell off? The clear sell signals ShepWave gave leading into this sell off? Key downside targets were hit Friday morning.
At that time (last Friday) I gave a short term aggressive BUY SIGNAL--that was triggered. And even prior to Friday ShepWave had posted ideal BOUNCE TARGETS--applicable for short term and short-to-mid term (swing) traders. THOSE TARGETS ARE NOW BEING HIT.
For example: the QQQ were at $150 area last Friday, as many of you were panicking--and locking in profits from ShepWave SELL SIGNALS--well NOW-CURRENTLY we have the QQQ (for example) at the $163+ target.
YOU JUST CAN'T MAKE THIS STUFF UP!
We are being swamped with emails today regarding whether it is time to SELL or not.
Please--read the new and important trading guidelines in today's Intra Day ShepWave Update CLOSELY!
Is this rally merely a corrective bounce--to the previous SELL OFF? Will the indexes hit new all time highs? If you are watching CNBC, they will change their mind every day--depending upon what the action at that time. PLEASE TURN OFF CNBC!
Log In at www.shepwave.com for today's Intra Day ShepWave Update. NEW TRIGGERS GIVEN!
Read the Regular Update for Thursday published--showing the critical daily time frame charts and analysis for the major U.S. equity indexes, Crude Oil, GOLD, and the VIX.
LONG TERM TRADERS and INVESTORS: Read the critical notes that apply to you. Notice how nicely a key trend line has come back into play. A trend line we have had in place for more than a year.
Short term and short--to--mid term (swing) traders: do not be lazy. If you have been following triggers YOU ARE MAKING MONEY ON BOTH THE LONG (bullish) AND SHORT (bearish) SIDES OF EQUITIES!
CAN'T MAKE THIS STUFF UP!
CRUDE OIL TRADERS: We are currently in a similar situation as in equities--we need to see how this current rally works out to give clearer guidance.
G0LD: I have refreshed the daily gold chart below--but no new notes have been added. NOTICE--how we took at aggressive long (bullish) stance on Gold the other day--assuming a tight stop/loss.
The key here is to be able to spot when it is wise to be aggressive and when it is NOT wise to take aggressive risks. Some of you are getting it.
Also--read the Pre-Market / Intra Day Update for Thursday showing the short term and short--to--mid term triggers and targets.
Log In at http://www.shepwave.com/ for Thursday's ShepWave Updates.
$169 SIX MONTH ShepWave Subscription Special.
ShepWave $169 SIX MONTH 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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