ShepWave BOTH Updates for Thursday Published. Critical Time for Markets. DON'T BE FOOLED!
by ShepWave.com
Posted: 8/29/2018 22:57 EST
12:47 PM ET USA. Intra Day Update Published for Thursday
We will want to be watching the markets closely as this week comes to an end for a possible critical technical set-up--based on the WEEKLY time frame
The charts have been refreshed for today--and so far this week has gone as expected. Don't forget the major U.S. equity indexes will be closed on Monday. Expect some critical activity over the next day to prepare for next week.
Log In at www.shepwave.com for today's Intra Day ShepWave Update.
The Regular Update for Thursday has been published. In this update you will find the technical analysis for the Major U.S. equity indexes ($INDU, $TRAN, $SPX, $NDX, $RUT) using the daily time frame.
Many ShepWave subscribers have been emailing about the overthrow of the upper wedge trend line in the $SPX as ShepWave identified last week. This update for Thursday will keep things in perspective.
Also--in this Regular Update for Thursday you will find the daily time frame analysis for WTI-CRUDE OIL, GOLD and the VIX.
The market action is falling into the expectations for the TIME-CYCLE TURN DATE. Be careful not to make the wrong assumptions.
Log In at www.shepwave.com for Thursday's Regular ShepWave Update.
The Pre-market / Intra Day Update for Thursday has also been published 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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