ShepWave Pre-Market / Intra Day Update for Wednesday.
by ShepWave.com
Posted: 6/26/2019 01:08 EST
1:30 PM ET USA. Intra Day Update for Wednesday:
The charts in today's Update have been refreshed. No new notes were necessary.
Log In at www.shepwave.com for Wednesday's Intra Day ShepWave Update
CAN'T MAKE THIS STUFF UP!
Gap / Island Patterns--Lead to Volatility.
The recent gap opens have definitely added some short term activity for aggressive traders.
NOTICE how the aggressive short term buy triggers (given Monday, June 3, 2019) for Tuesday played out--and now we have GAP UP OPENS left open. Do the Math!! USE STOPS!
NOTCE this week, beginning on Monday, June 24th we saw the RUT give some short term sell signals--and some in other indexes followed suit as well.
NOW WHAT?!?!
Will the FED Lower rates and give us another upward boost to break through key mid term (and longer term) resistance?
Keep the key technical points in mind as we continue to navigate through what may still be some volatility.
Remember as covered in the TWO Updates published for FIVE Monday's Ago--OUTSIDE-DOWN MONTH Patterns! Let's see how this plays out. This is more pertinent for the mid to longer term trend and may not clear-up for a week or so.
Log In at http://www.shepwave.com/ for Wednesday's Pre-Market / Intra Day ShepWave Update.
EXPIRING SOON!--20% DISCOUNT CODE: OUTSIDEDOWN
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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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