ShepWaee Pre-Market / Intra Day Update for Friday Published.
by ShepWave.com
Posted: 6/18/2020 17:37 EST
The short term trading signals of just a few weeks ago (Thursday and Friday; 2/20/20 and 2/21/20) leading into an ISLAND REVERSAL on Monday, February 24, 2020 is an example of taking into account one's trading capabilities and flexibility.
The aggressive buy signal of Tuesday, March 24, 2020 worked out well But have the indexes gone too much too soon? Watch Earnings--Are they Peaking for some major companies who have prospered from the national shut-down?
On Thursday, June 11, 2020 at 10:35 AM ET USA--ShepWave issued an AGGRESSIVE TRADING SIGNAL--based on the ISLAND REVERSAL pattern. Nice quick short term PROFITS! If you will review the notes from that day--and given in pre-market you will see that to be a no-brainer short term trade. Now What? Is the rally over? Please--closely read all notes in the update for Friday, June 12, 2020.
NOTE the aggressive short term buy signal as called intra day Monday, June 15, 2020. Does this negate the ISLAND REVERSAL of June 11th--or is that Gap the target?
KEEP 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.
DON'T LOSE YOUR PROFITS!
Log In at ShepWave.com for Friday's Pre-Market / Intra Day ShepWave Update.
$99 ONE YEAR SUBSCRIPTION SPECIAL! (No discount codes necessary. Market volatility is heating up--all special rates will be short-lived and ending soon!)
| 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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