ShepWave ALL Updates for Monday Published. IMPORTANT WEEK COMING UP!
Posted: 8/4/2018 00:41 EST
Pre-Market / Intra Day Update for Monday Published.
Be sure to read all of the notes in all of the charts in this update for Monday. The various indexes and their ETFs may be going into a bit of a rotation; hence, the importance of reading all of the charts in this Pre-Market ShepWave Update for Monday.
Log In at www.shepwave.com for Monday's Pre-Market / Intra Day ShepWave Update.
ALL UPDATES FOR MONDAY HAVE BEEN PUBLISHED.
The SECOND ShepWave Update for Monday has been published.
The Regular Update, showing daily time frame analysis and triggers for the major U.S. equity indexes; Crude Oil: GOLD; and the VIX.
The current Minor Degree Time-Cycle turn date as covered a couple of weeks ago could be playing out in the confirmation of some short-to-mid term trend changes. Pay close attention to the aggressive trading signals (on the daily time frames) for this next week.
WTI-CRUDE OIL has been issuing some profitable turn-signals. We may be ready for another!
The OUTISDE DOWN WEEK technical pattern in Gold from several weeks ago--brought some quick and direct selling activity. Notice the 200 week moving average of GOLD is currently being hit. This will play into our mid to longer term trading and investing of GOLD.
It is recommended for newer subscribers to go through past updates to get a feel for what technical information has brought us up to this point.
ShepWave analysis is always building upon previous technicals and analysis.
As a note of caution: There are a lot of analysts who try to predict wave counts. Please be careful of doing that. It is good to understand the dynamics and underlying principles of Elliott Wave Theory but in the labeling of wave patterns, remember that no pattern or wave count is official until the next wave series begins. So many otherwise really good analysts seem not to understand this simple concept with regards to Elliott Wave Theory. The key is to follow the appropriate Trade Triggers as given by ShepWave analysis.
Log In at http://www.shepwave.com/ for Monday's ShepWave Updates
SPECIAL ShepWave Update for Monday Published: Weekly Time Frame analysis for the Major U.S. equity Indexes as well as WTI CRUDE-OIL and GOLD has been published.
|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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