ShepWave Updates for Monday. Equities and Commodities Continue Their Highly Predictable Paths!15% Off-- Code: CYBERMONDAY2018
by ShepWave.com
Posted: 11/23/2018 23:09 EST

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! NOTE--WTI CRUDE OIL finally broke its 200 Week Moving Average. When will short term support come in?

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 (2018) 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?

NOTICE that as of the week ending 11/23/2018 WTI-Crude Oil has broken its 200 week moving average.

AGAIN--you JUST CAN'T MAKE THIS STUFF UP!

Even the Holiday Week in the U.S. did not help in providing any bounce.  Is there going to be a Santa-Claus rally this year?

The markets have heated up quickly.  Watch the targets and triggers coming up for next week!

The OUTSIDE-DOWN MONTH for the Dow Industrials index in the month of October has given us some reliable technical signals.  Is this a head-fake??

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