ShepWave Update for Friday AND ALSO: FREE EVENT From Elliott Wave International
by ShepWave.com
Posted: 7/26/2018 23:48 EST

Friday could be a critical day of trading. 

Several weeks ago, on June 28th, the Dow Transportation index hit a key mark.  An area that has come into play SIX times in the last year alone! (Notice the other key areas hit by the other major U.S. equity indexes and/or ETFs on that day.) Is there a coincidence that June 28th was the ShepWave TIME-CYCLE TURN DATE? Probably not.

Again, YOU JUST CAN'T MAKE THIS STUFF UP!

Then notice that the rally that has proceeded from the June 28th lows has  indeed hit some key targets. Targets which were given in advance. This applies to all of the major U.S. equity indexes--and we could be seeing a shake up coming soon.

The recent Island gap patterns may bring some unexpected turns in the markets for traders not paying attention.

Now is not the time to be naïve! Pay close attention to new tend lines and trigger areas using the more aggressive 15 minute and 60 minute time frame charts.  

Will this current atmosphere of angst in the USA contribute to the upcoming stock market move and trends?

STAY OBJECTIVE!

Log In at www.shepwave.com for Friday's Pre-Market / Intra Day ShepWave Update.

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Thank you for being with ShepWave for over 15 Years.

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Dear Reader,

On July 31, you are invited for a rare, free opportunity to see for yourself how to use simple, everyday price charts to find reliable trade setups -- in any market and any timeframe.

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This free event is hosted by our friends at Elliott Wave International. The webcast features two of the world’s leading technical analysts:

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Elliott Wave International is a powerhouse of excellent trading and investing content, and their events like this one are always useful and fun – so get your free seat now!

Sincerely,

Shep

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Who is Elliott Wave International?
EWI is the world's largest independent technical analysis firm. Founded by Robert Prechter in 1979, EWI helps investors and traders to catch market opportunities and avoid potential pitfalls before others even see them coming. Their unique perspective and high-quality analysis have been their calling card for nearly 40 years, featured in financial news outlets such as Fox Business, CNBC, Reuters, MarketWatch and Bloomberg.