ShepWave Pre-Market / Intra Day Update for Friday Published.
by ShepWave.com
Posted: 9/20/2018 17:19 EST
Intra Day Update for Friday Published.
The gap/island chart patterns formed this week which coincide with new all time highs in some of the major U.S. equity indexes is setting up for a move.
We will need to be watching these indexes closely over the next week.
Log In at www.shepwave.com for today's Intra Day ShepWave Update.
Last Thursday evening, ShepWave mentioned to, "Pay close attention to the recent gaps as well as the short term motive (overlapping) wave action in some of the major U.S. equity indexes."
Notice that this Thursday the downward motive wave activity did in fact bring the desired (short term/almost immediate) result: we saw new highs in the SPY/SPX and Dow Industrials indexes.
The fact that the RUT and QQQ/NDX have been lagging for the short term in a sense may come into play. However for now the key is to be tracking (and trading) each of the major U.S. equity indexes on an individual basis.
Log In at www.shepwave.com for Friday's Pre-Market / Intra Day ShepWave Update.
| 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. |
|
| About my BLOG |
|
|||||||||
| Su | Mo | Tu | We | Th | Fr | Sa | |||
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | |||
| 8 | 9 | 10 | 11 | 12 | 13 | 14 | |||
| 15 | 16 | 17 | 18 | 19 | 20 | 21 | |||
| 22 | 23 | 24 | 25 | 26 | 27 | 28 | |||
| 29 | 30 | 31 | |||||||
|
Post back your comments What do you think of this blog entry? Post back your comments and let us know.
|
