ShepWave THREE IMPORTANT Updates for Monday. OUTSIDE DOWN DAY--AND--WEEK PATTERNS FOR WTI-CRUDE OIL!!
by ShepWave.com
Posted: 1/11/2020 01:42 EST
Pre-Market / Intra Day ShepWave Update for Monday Published.
This week we will be focusing on the recent gap up opens.
Important NEW ALL TIME HIGHS--with regards to the strength readings on the various time-frames.
Important Pre-Market Trading Note for Monday, January 13, 2020. Be careful making assumptions based on short term whip-saw activity. Follow technicals given by ShepWave on the various time frames. We have three factors coming into play in a more pronounced way this week: Iraq/Iran Friction, Impeachment, Economics Topping.
Gap Up opens may come into play--as a result of attack and related fears from the events in the Middle East!
Log In at www.shepwave.com for Monday's ShepWave Updates.
50% off One Year Subscription Code: HALFOFFONEYEAR
This Discount Code has been extended for a few more days.
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 the DAILY time frame OUTSIDE DOWN DAY PATTERN we saw on Wednesday, January 8, 2020
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
50% off One Year Subscription Code: HALFOFFONEYEAR
Weekly Analysis for Dow Indu, Dow Tran, SPX, NDX, RUT, and WTI Crude, Gold.
As of Friday, January 10,2020 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 9,024.87 on Friday, January 10, 2020
S&P 500 Index hits a New All Time High of 3,282.99 on Friday, January 10, 2020
Another NEW ALL TIME HIGH for the Dow Industrial index of 29,009.07 on Friday, January 10, 2020
We could be seeing some more new all time highs--be ready!
Pay attention to the weekly time frame charts for WTI-CRUDE OIL. NOTICE THE OUTSIDE-DOWN WEEK PATTERN for the week closing Friday, January 10, 2020
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!
Is the U.S. going back to war? What are the implications of the recent activity in the Middle East? Follow charts closely!
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!
GOLD--Remember we called the important technical in Gold!
Log In at http://www.shepwave.com/ for Monday's Special ShepWave Update.
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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