ShepWave THREE Important Updates for Monday Published. Impeachment Hearings Bring NEW ALL TIME HIGHS!
by ShepWave.com
Posted: 11/15/2019 23:41 EST
Pre-Market / Intra Day Update for Monday Published:
Last week we saw NEW ALL TIME HIGHS IN the NDX/QQQ, SPX/SPY and in the Dow Industrials index. Will the indexes break-through the current levels in order to break-out into a new, higher, and perhaps steeper up-trend? Pay close attention to the technicals in the 60 minute time frame charts in this update.
Let's play this week very cautiously--don't overreact yet.
Log In at www.shepwave.com for Monday's Pre-Market / Intra Day ShepWave Update.
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.
WTI-CRUDE OIL has been issuing some profitable turn-signals. We may be ready for another! NOTE WTI-CRUDE OIL is barely above its 200 day moving averages. CAN'T MAKE THIS STUFF UP!
GOLD Traders--DON'T LOSE PROFITS! IMPORTANT MID TERM TRADING GUIDELINES HERE!
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
Weekly Analysis for Dow Indu, Dow Tran, SPX, NDX, RUT, and WTI Crude, Gold.
As of Friday, November 15, 2019 we see the major U.S. equity indexes up near all time highs and have seen a few new all time highs recently:
Nasdaq 100 Index Hits a NEW ALL TIME HIGH of 8,315.90 on Friday, November 15, 2019.
S&P 500 Index hits a New All Time High of 3,120.46 on Friday, November 15,, 2019.
Another NEW ALL TIME HIGH for the Dow Industrial index of 28,004.89 on Friday, November 15, 2019
We could be seeing some more new all time highs--be ready!
Pay attention to the weekly time frame charts for WTI-CRUDE OIL.
Will IMPEACHMENT affect the strong rally the U.S. equity indexes have been having for the past 10 years? So far it is as if the markets do not even care about any IMPEACHMENT!
Now is not the time to play around. Be ready!
TURN OFF THE CNBC!
Those who followed the recent short term signals did well--but is it time to take this a little more seriously than just a short term opportunity?
CAN'T MAKE THIS STUFF UP!
WTI--CRUDE OIL continues to be predictable.
GOLD--Remember we called the important technical in Gold!
Log In at http://www.shepwave.com/ for Monday's Special ShepWave Update.
$99 SIX MONTH SUBSCRIPTION SPECIAL
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.]
16 Year Anniversary
(NO special code needed.)
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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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