ShepWave Three IMPORTANT UPDATES for Monday. TIME-CYCLE TURN DATE--CORRELATING with NEW HIGH IN NDX?
by ShepWave.com
Posted: 4/19/2019 14:23 EST
2:24 PM ET USA. Intra Day Update for Monday Published. Today's charts have been refreshed. Keep an eye on the technical patterns--in particular the Island patterns--as indicated. Log In at www.shepwave.com for today's Intra Day ShepWave Update.
Third Update for Monday Published. Pre-market / Intra Day Update Published. BE READY! Log In at http://www.shepwave.com/ for Monday's THREE ShepWave Updates 15% DISCOUNT CODE: MarketsTopping?
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.
NOTICE THE WEDGE PATTERN IDENTIFIED THREE WEEKS AGO as shown in the Daily Dow Industrial Chart given on March 29, 2019. Upward Spike Just as anticipated! When is the next reversal?!
WTI-CRUDE OIL has been issuing some profitable turn-signals. We may be ready for another!
The potential TIME-CYCLE TURN DATE could be critical! ShepWave has received a number of emails commenting on this most recent rally which has taken the Nasdaq 100 index to a NEW ALL TIME HIGH! Remember to keep the possible outcomes here in mind--do not be too aggressive...yet.
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
15% DISCOUNT CODE: MarketsTopping?
Is the rally over? Was that just a bounce up from December lows--and not a mid to longer term rally?
As of the week ending April 19, 2019 the Nasdaq 100 index has hit a NEW ALL TIME HIGH. What connection (if any) will this have with the possible TIME-CYCLE TURN DATE that ShepWave has been discussing for the past weeks?
The markets have heated up quickly. Watch the targets and triggers coming up for next week!
NOTE as covered several weekends ago: WTI--CRUDE OIL gave a technical OUTSIDE--UP WEEK Pattern for the week ending 2/15/2019. Will this continue to play out for the BULLS?
Log In at http://www.shepwave.com/ for Monday's Special ShepWave Update.
15% DISCOUNT CODE: MarketsTopping?
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.
|