ShepWave Pre-Market / Intra Day Update for Tuesday Published. WEDGE PATTERNS--RALLY--CAN'T MAKE THIS STUFF UP!
by ShepWave.com
Posted: 4/1/2019 16:25 EST
1:15 PM ET USA. Intra Day Update for Tuesday:
The charts for today's Intra Day Update have been refreshed.
Keep in mind the possibility of a coming ISLAND REVERSAL.
Log In at www.shepwave.com for Tuesday's Intra Day ShepWave Update.
15% DISCOUNT CODE: MarketsTopping?
CAN'T MAKE THIS STUFF UP!
For those who have been paying attention to the recent WEDGE PATTERNS (including in the daily time frame chart for the Dow Industrials as given last Friday) the rally today is hitting targets in line with expectations. But do not be blind to the next reversal signal. We will be adjusting sell (stop/loss) signals as the chart patterns unfold.
The Wedge patterns that were identified last week did indeed give us an upward surge. Now we need to be cautious and play this without losing profits. The intra day notes from Thursday, March 28th and Friday, March 29th have been left in the short term SPY and QQQ charts from last week--in the hope some traders will begin to learn how to spot these wedge patterns.
Log In at http://www.shepwave.com/ for Tuesday's Pre-Market / Intra Day ShepWave Update.
15% DISCOUNT CODE: MarketsTopping?
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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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