ShepWave REGULAR Update for Thursday. Depsite Thanksgiving Holiday for U.S. Indexes--the daily time frame charts are critical!
by ShepWave.com
Posted: 11/21/2018 16:58 EST
The Regular Update for Thursday has been published.
In this update the daily technical analysis is given for the major U.S. equity indexes and for WTI-CRUDE OIL, GOLD and the VIX.
We at ShepWave have been in continual communication with a lot of our more active traders for the past several weeks. The recent activity for the major U.S. equity indexes is showing some potentially critical technicals and possible NEW-TRADE set-ups for short-to-mid term traders.
Notice: the recent TWO GAP UP OPENS in the major U.S. equity indexes have filled! Is this going to get the indexes back in the bullish mode?
The gap down of Tuesday, November 20th has NOT BEEN FILLED! Not even with the rally of Wednesday morning.
HOW ABOUT THAT BEARISH MOVE IN CRUDE OIL!!
Follow signals as they progress.
Log In at www.shepwave.com for the Regular ShepWave Update for Thursday.
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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