ShepWave THREE Updates for Monday Published. The Importance of Comparing the WEEKLY and DAILY Time Frame Charting Analysis.
by ShepWave.com
Posted: 11/10/2018 01:23 EST
12:06 PM ET USA, Monday Afternoon:
Aggressive traders use stops in recent triggers.
Log In at www.shepwave.com for today's Intra Day ShepWave Update.
Pre-market / Intra Day Update for Monday Published:
The third and final ShepWave Update has been published for Monday.
The rally from the lows of Monday, October 29th hit all of the key targets given by ShepWave. So now what? Will the rally continue higher? or is it time to SELL?
Note--if we see a gap up open Monday, 11/12/2018, we could be seeing a preferred set-up for aggressive traders. Pay close attention to the notes in this final update for Monday, 11/12/2018.
Log In at http://www.shepwave.com/ for Monday's ShepWave Updates.
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!
Will the rally come back? Will the major U.S. equity indexes make NEW ALL TIME HIGHS?
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!
For the month of October both the Dow Industrial index and the WTI CRUDE OIL index saw OUTSIDE-DOWN MONTHS. What are the implications of these usually bearish patterns?
Is the fact that the indexes rallied Election Week ending 11/9/2018 a positive influence for equities?
The markets have heated up quickly. Watch the targets and triggers coming up for next week!
Will the OUTSIDE-DOWN MONTH for the Dow Industrials index give us move sell signals? OR is this a technical head-fake??
Log In at http://www.shepwave.com/ for Monday's Special 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.
|