ShepWave Pre-Market / Intra Day Update for Friday.
by ShepWave.com
Posted: 7/5/2018 23:26 EST
Friday could be a critical day of trading. Last week on June 28th, the Dow Transportation index hit a key mark. Is there a coincidence that June 28th was the beginning of our current critical TIME-CYCLE TURN DATE? Probably not.
Notice the gaps still left open from recent volatility in the major indexes--mainly, the Dow Industrials index. An ideal target is not necessarily the same as an actual signal. We believe that the whipsaw activity we have been seeing in the major U.S. equity indexes--as anticipated--has only confused a lot of otherwise productive analysts.
Will this current atmosphere of angst in the USA contribute to the upcoming stock market move and trends?
STAY OBJECTIVE!
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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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