ShepWave Pre-Market / Intra Day Update for Wednesday Published. Is the OUTSIDE DOWN WEEK in OIL Bringing in the BEAR with a Big GROWL!?
by ShepWave.com
Posted: 5/29/2018 23:22 EST
Go through and read through the ShepWave Updates published this past weekend. The SPECIAL Update for Monday gave some critical weekly time frame analysis and even identified a potential OUTSIDE DOWN WEEK for Crude Oil (WTI). Compare that analysis with the analysis given in the REGULAR SHEPWAVE Update published for Monday--which showed some daily time frame triggers.
Notice how the VIX and action in CRUDE OIL played out on Tuesday!!
AGAIN--YOU JUST CAN'T MAKE THIS STUFF UP!
Time to--TURN OFF THE CNBC!
Be ready for more volatility!
Some other analysts--it appears--have made some bold statements based on a emotional response to the limited scope of the recent past. Please stay objective. Ask yourself--did they give the aggressive short term buy signal most recently on May 3rd?
Always check the rational process of any analyst. In ShepWave Updates you will see a clearer sense of how to trade the trend and coming volatility.
Log In at www.shepwave.com for Wednesday's Pre-Market / Intra Day ShepWave Update.
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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