ShepWave ALL Updates for Monday Published. Markets Enter Into a Critical Technical Point Going Into Mid-Term Elections!
by ShepWave.com
Posted: 10/27/2018 01:20 EST

Pre-Market /  Intra Day Update for Monday Published.

ALL UPDATES FOR MONDAY ARE NOW PUBLISHED.

This week is going to be important. We have seen some critical signals for the short term trend--new short term targets given. 

As we go into this next week review the analysis and key triggers and technicals we are watching on both the Weekly and Daily time frame charts as have been published in the first two updates for Monday, October 29, 2018.  

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. 

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 several weeks ago after some of the key indexes hit new all time highs.

YOU JUST CAN'T MAKE THIS STUFF UP!

Now is not the time to be lazy.  Follow the signals as they come.

Note that several of the major U.S. equity indexes have already almost erased all gains of 2018--in less than a month. The markets wait for no one.  Be ready for the next move! 

Are the markets ready for a bounce?

WTI-CRUDE OIL has been issuing some profitable turn-signals. We may be ready for another! See the trend channel in WTI.

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!

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 two years.   Also the Russell 2000 index, which two weeks ago we noted had a CROSS-OVER SELL SIGNAL on the MACD, continues to be leading the major indexes downward.

Can't Make This Stuff Up!

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 quickly.  Watch the targets and triggers coming up for next week!

So far this month the Dow Industrials index is down 1770 points for the month (after hitting a key new all time high on October 3, 2018).  Depending on how the first three days of next week go--we could see the Dow Industrials Index give an OUTSIDE-DOWN MONTH technical pattern.

Log In at http://www.shepwave.com/ for Monday's Special ShepWave Update.