ShepWave UPDATES For Thursday. NDX Hits Another NEW ALL TIME HIGH!
by ShepWave.com
Posted: 6/10/2020 16:33 EST
10:45 AM ET USA. Intra Day Update for Thursday:
New Notes in today's Intra Day Update. Don't fall asleep at the wheel. Notice today's GAP DOWN gives us possible ISLAND PATTERN.
Aggressive traders ALERT!
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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.
NASDAQ 100 Index Makes Several New All Time Highs In a Row!
Nasdaq 100 Index Hits a NEW ALL TIME HIGH of 10,155.20 on Wednesday, June 10, 2020.
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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!)
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The Regular Update for Thursday has been published. In this update the daily time frame analysis is given.
In short--as of Wednesday, June 10, 2020 we find WTI-CRUDE OIL in the upper $30s. Does this support the idea of underlying strength in the U.S. economy? Notice recent gap that has been filled.
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 10, 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 continues to make new all time highs. But is this index at a key resistance area?
Log In 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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