ShepWave Pre-Market / Intra Day Update for Friday Published
by ShepWave.com
Posted: 6/14/2018 18:45 EST
12:50 PM ET USA FRIDAY. Intra Day Update Published:
ShepWave has received numerous emails form subscribers asking: 'if today's gap down open is the SELL SIGNAL for which we all have been waiting?' (Sarcasm?)
Read notes and analysis carefully. Look--at the forward looking indicators ShepWave has been following. FOLLOW TRIGGERS that fit your particular time-frame and style (ability) as a trader/investor.
Now is not the time to be a sloppy trader. TURN OFF THE CNBC!
Log In at www.shepwave.com for today's Intra Day ShepWave Update.
Friday could be a critical day of trading. Remember we are closely watching a short-to-mid term wedge pattern identified as a forward looking indication for the major U.S. equities.
Since the most recent decision to GO LONG (BUY) particularly the Dow Industrials index on May 3, 2018 we have seen a nice mid-term rally for swing traders.
Keep two things in mind: (1) these swing trading/ mid term trends go in cycles--and there may be a short term reversal coming, and (2) the potential TIME-CYCLE TURN DATE coming up in soon will come into play as well.
STAY OBJECTIVE!
Log In at www.shepwave.com for Friday's Pre-Market / Intra Day ShepWave Update.
The $169 SIX MONTH Subscription Special is still active and is being offered to new subscribers for a limited time.
Thank you for being with ShepWave for over 15 Years.
| 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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