ShepWave Pre-Market / Intra Day Update for Tuesday Published.
by ShepWave.com
Posted: 5/22/2018 00:22 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.
Tuesday'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.
During holiday weeks--especially of the Summer--it is normal to see some range bound Island patterns that are volatile on a short term basis. Do not let this throw you off.
Log In at www.shepwave.com for Tuesday's Pre-market / 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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