ShepWave Intra Day Update for Tuesday. ISLAND REVERSAL LEGIT?
Posted: 5/15/2018 12:19 EST
Be careful traders. The indexes have seen a nice run-up from the anticipated recent low of May 3rd (most recently). Remember as well the wedge patterns given in the Daily Time frame chart--mainly the SPX.
Today's update gives some new trading notes and analysis for short-to-mid term (swing) traders.
Please trade carefully and within your own limits and abilities. Also take into account your own risk tolerance level.
Log In at www.shepwave.com for today's Intra Day ShepWave Update.
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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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