ShepWave UPDATE FOR FRIDAY. FUTURES DOWN AS OF 10:00 PM ET USA.
by ShepWave.com
Posted: 4/5/2018 22:15 EST
10:42 AM ET USA. Intra Day Update Published:
This week has revealed some helpful technicals for traders.
Log In at www.shepwave.com for today's Intra Day ShepWave Update.
Just this past Monday we had a subscriber email us complaining that the gap which was left open from the open on March 22nd for the Dow Industrials index was not filled and (they said), "the markets are crashing". That was a key target for ShepWave to be looking to be filled prior to another key wave cycle.
One really has to laugh. It took three days for what that subscriber saw as Doomsday--to turn into a market rally and the exact ShepWave target being hit.
Don't worry there will be downside targets too.
Futures are down at this time for the US equity markets for Friday. BE READY!
Log In at www.shepwave.com for Friday's Pre-Market / Intra Day ShepWave update.
We have received many emails this evening regarding the futures once again, being down several hundred points for the Dow Industrials and down in a big way for the other major U.S. equity indexes.
Friday's update will be published shortly. In the mean time--please review the update from Thursday and the updates for the past few weeks. Notice that in three days of this week the Dow Industrials hit a key target; a key target that ShepWave had given weeks ago.
If the markets do gap down in the morning as the futures are indicating at this time--we will have a new set of criteria and short term targets.
Like we have been saying--the markets are purging out weak traders.
Log In at www.shepwave.com for ShepWave Updates. FRIDAY'S Pre-Market / Intra Day Update will be published shortly.
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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