ShepWave
ShepWave.com
ShepWave.com
Elliott Wave Theory stock market technical analysis. Major U.S. Indexes.
Specializing in QQQ and the DIA analysis and trading. QQQ and DIA Options trading.
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ShepWave

ShepWave Pre-Market / Intra Day Update for Friday Published.
by ShepWave.com
Posted: 8/2/2018 22:42 EST

Friday could be a critical day of trading. 

Notice the QQQ/NDX saw an OUTSIDE-UP day on Thursday.  Remember the implications of this particular technical pattern and the frequency of these types of patterns lately in the major U.S. equity indexes.

Now is not the time to be naďve! 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.


 


Elliott Wave International
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Bitcoin: Is the Recent Rally Just a Flash in the Pan?  On Tuesday (July 17), Bitcoin rallied sharply. ElliottWaveTV called Jim Martens, long-time editor of our Currency Pro Service, to get his take.Read More Stocks: When "Sentiment is Strikingly Suited” for a Major Stock Market Event  The Elliott wave model provides perspective on the market's general position and outlook. When sentiment measures are aligned with the Elliott wave analysis, an investor has the basis for a high-confidence forecast. See what EWI's subscribers saw around the time of the DJIA's peak.Read More
Trader Case Study: What Happens When You Use Corporate Earnings to Pick Trades  According to mainstream economic wisdom, earnings data is king to determining a financial market's price trend. But if that were true, then why did Regeneron Pharmaceuticals plunge 35% in late 2017 -- after one of its most positive earnings reports ever? The answer might surprise you.Read More For Stocks, the Line in the Sand Has been Drawn  You've probably heard of support and resistance levels. The price of this particular global index "has met a support shelf area for the third time since the February 9 low." Here's what it implies.Read More

Elliott Wave International, a company with nearly 40 years of market-forecasting experience, just released this new, free report that reveals many false indicators - a.k.a. 'head fakes' -- investors see every day. The report helps readers separate themselves from the herd and survive (and thrive) in volatile markets. Read the free report now.

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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