ShepWave Pre-Market / Intra Day Update for Friday Published.
by ShepWave.com
Posted: 10/25/2019 00:19 EST
1:03 PM ET USA. Intra Day Update for Friday:
The charts in today's Update have been refreshed. No new notes have been added.
The NDX hits a new high today--while the SPX comes within a point of a new all time high. Will we see an upward break-out similar to the one we saw after the November 2016 election?
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CAN'T MAKE THIS STUFF UP!
Based on emails from ShepWave traders, many of you have been capitalizing (there is that bad word again) from this week's short term volatility.
Several of the major U.S. equity indexes are nearing key all time tops. Will we see an upward break-out? One like we saw when Trump won the election in November of 2016? OR--will we see resistance hold and things begin to cool down?
NOTE: short term possible reversal patterns. These could be very aggressive and short-lived.
DON'T LOSE YOUR PROFITS!
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ShepWave $99 SIX MONTH Subscription special for our valued customers will end soon. Thanks to all of our regular customers of 16 years. This special offer is being extended to any new subscribers as well, for a short time only. [To current up-to-date subscribers, the six months will automatically be added to your expiration date.]
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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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