ShepWave TWO IMPORTANT Updates for Thursday Published. NDX Comes Within 6.88 Points of NEW ALL TIME HIGH!
by ShepWave.com
Posted: 6/3/2020 17:02 EST
1:18 PM ET USA. Intra Day Update for Thursday Published:
Today's Intra Day Charts have been refreshed.
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Thursday's Pre-market / Intra Day ShepWave Update has been published.
Short Term Review--remember we saw the aggressive short term buy signals Tuesday morning, March 24th. Already, we see key new mid term highs being hit. IS A REVERSAL COMING?
Note the signals as they are given in the different major U.S. equity indexes and their ETFs.
NDX COMES WITHIN 6.88 POINTS OF A NEW ALL TIME HIGH!
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$99 ONE YEAR SUBSCRIPTION SPECIAL! (No discount codes necessary. Market volatility is heating up--all special rates will be short-lived and ending soon!)
This special will end soon.
In short--as of Wednesday, June 3, 2020 we find WTI-CRUDE OIL in the $30s. Does this support the idea of underlying strength in the U.S. economy?
Several weeks ago, on Wednesday, February 20, 2020 we saw some new highs in some of the major U.S. equity indexes. We saw aggressive sell signals beginning on Thursday, February 20, 2020.
As of Wednesday, June 3, 2020--the major U.S. equity indexes need to be watched carefully. This rally since the BUY SIGNALS of Tuesday, March 24, 2020 has been nice--notice the Nasdaq 100 index has come within 6.88 points of a NEW ALL TIME HIGH.
Log In at ShepWave.com for the Regular ShepWave Update for Thursday.
$99 ONE YEAR SUBSCRIPTION SPECIAL! (No discount codes necessary. Market volatility is heating up--all special rates will be short-lived and ending soon!)
This special will end soon.
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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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