ShepWave TWO Important Updates for Thursday Published.
by ShepWave.com
Posted: 9/6/2018 01:14 EST
12:00 PM ET USA. Intra Day Update for Thursday Published.
We are seeing some critical (and profitable) short term aggressive signals as based on the ShepWave signals of the past few days.
ShepWave is aware that many subscribers use the information and trading data/signals to trade investment type of accounts; those accounts usually have limitations and restrictions that a normal trading account does not have. We want to caution those doing so--not to base any trading decisions that will affect your retirement with such aggressive signals as are given in the short term very aggressive charts and time-frames (e.g. 15 minute and 60 minute SPY, QQQ, RUT charts).
Always trade within one's own risk-tolerance and trading abilities.
Short term signals--while being very profitable--may not always be applicable to longer term investments and strategies for retirement.
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, and $INDU as ShepWave identified two weeks ago. And then on Wednesday, September 5th, the Dow Transportation index saw an OUTSIDE-UP day.
The two updates just published for Thursday, September 6, 2018 will keep things in perspective. The seeming contradictory signals we are experiencing among the indexes--even between the short term (15 minute and 60 minute) time frames and the DAILY charts--need to be understood from the perspective of one's own trading abilities and goals.
Also--in the Regular Update for Thursday you will find the daily time frame analysis for WTI-CRUDE OIL, GOLD and the VIX.
Log In at www.shepwave.com for Thursday's TWO IMPORTANT ShepWave Updates.
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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