ShepWave ALL UPDATES for Monday Published. Critical Time In U.S. Market. Short Term Signals NOW Threatening INVESTORS!
by ShepWave.com
Posted: 10/13/2018 00:21 EST
2:00 PM ET USA. Intra Day Update for Monday Published.
Log In at www.shepwave.com for today's Intra Day ShepWave Update.
Pre-Market / Intra Day Update for Monday Published.
ALL UPDATES FOR MONDAY ARE NOW PUBLISHED.
The futures are down as of 9:00 PM ET USA Sunday Evening, October 14, 2018.
Remember last weekend, Sunday evening we said, "We have had some subscribers send some speculative wave counts--some saying they believe the markets have begun a wave 4 rally then to resume the downtrend. Be careful assigning such a wave count."
What happened? We saw a very predictable and profitable sell off last week--for those paying attention.
[Remember wave 3's are typically the longest wave of a five wave impulsive sequence and NEVER the shortest (otherwise the count needs to be relabeled). Remember too that wave 3's can subdivide into five waves.]
Please take the THREE updates which have been published for Monday into consideration as you begin your trading strategy this week.
Also--remember we saw OUTSIDE-DOWN WEEKS in both the SPX/SPY and NDX/QQQ indexes two weeks ago. And are seeing potentially volatile signals on the weekly and daily time frames for ALL of the Major U.S. equity indexes.
Now is NOT the time to be a sloppy trader.
IMPORTANT WEEK COMING!
Log In at www.shepwave.com for Monday's ShepWave updates.
The $169 THREE MONTH SUBSCRIPTION SPECIAL WILL BE ENDING SOON. It takes too much time to try to catch ShepWave subscribers back up to speed after they take a few weeks away from keeping up with Updates. Go back and read just the recent updates since October 1st if you missed the signals we gave prior to the selling pressure of last week.
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.
As suspected--we saw a critical move last week after some of the key indexes hit new all time highs.
YOU JUST CAN'T MAKE THIS STUFF UP!
But now is not the time to be lazy. Follow the signals as they come.
IMPORTANT: TWO WEEKS AGO BOTH the Nasdaq (NDX) and S&P 500 (SPX) indexes experienced OUTSIDE-DOWN WEEKS--an important technical pattern identified by ShepWave.
You notice that the major U.S. equity indexes saw some major selling pressure last week after these OUTSIDE-DOWN WEEKS!
Are the markets ready for a bounce?
WTI-CRUDE OIL has been issuing some profitable turn-signals. We may be ready for another!
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
ShepWave Special Update for Monday. Weekly Time Frame Analysis for Dow Indu, Dow Tran, SPX, NDX, RUT, and WTI Crude, Gold.
ShepWave has been waiting since last January for the Dow Industrials index to hit a new all time high--and guess what? The bearish divergence we were anticipating on the weekly and daily time frames came true!
Can't Make This Stuff Up!
Since the new all time highs of the Dow Industrials index we have seen quick and successive sell signals beginning in the shorter time frames and now beginning to carry over into the weekly time frame--the Dow Transportation index has broken a support level we haven't seen in about 2 years. Also the Russell 2000 index, which last week we noted had a CROSS-OVER SELL SIGNAL on the MACD, lost over 5% in just last week!
Will this sudden turn to a bearish market carry through? Keep on top of the next critical signals ShepWave has issued for this next week!
The markets have heated up fast. Watch the targets and triggers coming up for next week!
Log In at http://www.shepwave.com/ for Monday's Special ShepWave Update.
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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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