ShepWave Pre-Market / Intra Day Update for Tuesday. TIME-CYCLE TURN DATE--of a lesser magnitude coming this week.
by ShepWave.com
Posted: 7/23/2018 22:39 EST
YOU JUST CAN'T MAKE THIS STUFF UP!
Being in the markets as an active analyst for a couple of decades teaches a person something--namely--that once other analysts begin copying your work, then things are likely going to change rather quickly.
Some long-time ShepWave subscribers have been sending us copies of other market analysts who have been trying to borrow our TIME-CYCLE TURN DATE analysis and the recent buying opportunities we spotted on May 3rd and June 28th most recently just to name a couple; as well as the subsequent SELL SIGNALS.
So far the markets have been working out like clockwork--with the June 28th TIME-CYCLE TURN DATE--again providing short term support levels. See notes in Daily Time frame charts for clarity.
There is another TIME-CYCLE TURN DATE coming shortly and this one is even more critical. GET READY!
So let's use stops if you entered the recent bullish positions. This next TIME-CYCLE TURN DATE is a potentially volatile time coming so be ready. For a clue as to what this will bring, closely read the notes in the charts for the Russell 2000 index and the Nasdaq indexes.
In the ShepWave Update for Tuesday, July 24th you will see the mention of a
Time-Cycle Turn Date (of probably lesser magnitude) coming towards the
end of this week. But then in a few weeks we have a potential TIME-CYCLE
TURN DATE of greater magnitude.
Log In at www.shepwave.com for Tuesday's Pre-Market / Intra Day ShepWave Update.
By request--we know some of you are on vacation--the $169 SUBSCRIPTION change will probably happen later this week.
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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