ShepWave Pre-Market / Intra Day Update Published. TIME-CYCLE TURN DATE Still Future--but--Expect Head-fake of sorts.
by ShepWave.com
Posted: 6/5/2018 23:49 EST
ShepWave has as most of its subscription base, experienced traders and other analysts with whom we have had a relationship for the past 20+ years. In a discourse on Tuesday with one old time analyst--the old mantra of, "the markets look 6 months ahead of the economic data" was remembered. This mantra may be coming into play.
Potential critical TIME CYCLE TURN DATE COMING. But expect some whip-saw activity to try to confuse the lesser experienced--or less objective--traders and investors.
Be ready for more volatility! But don't let it confuse what is going on in the longer term market trends.
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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