ShepWave
ShepWave.com
ShepWave.com
Elliott Wave Theory stock market technical analysis. Major U.S. Indexes.
Specializing in QQQ and the DIA analysis and trading. QQQ and DIA Options trading.
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ShepWave

ShepWave Pre-Market / Intra Day Update for Wednesday. $99 ONE YEAR SUBSCRIPTION SPECIAL
by ShepWave.com
Posted: 7/7/2020 23:56 EST

12:13 PM ET USA. Intra Day Update for Wednesday Published.

Recent new highs in the Nasdaq and range bound action in other indexes. What is this telling us about the upcoming Fall trading period and election? Could get very interesting!

Log In ShepWave.com for Wednesday's Intra Day ShepWave Update.

 $99 ONE YEAR SUBSCRIPTION SPECIAL! (as we get closer to the Presidential election of November 2020 this year, I will be raising prices to limit new subscribers. Renew before this increase.)



 

Does the aggressive BUY TRIGGER we gave for Tuesday, March 24, 2020 (and was triggered) indicate that the market sell off is over?  NOT SO FAST.  Recognize the potential short-to-mid term wave patterns.

It was said--that Goldman has revised their bearish stance, saying the recent lows will stick.  Ask yourself a question?

(1) did they call the aggressive sell signal on Thursday, February 19, 2020, or

(2) did they call the ISLAND REVERSAL sell signal on Monday, February 24, 2020? or

(3) did they call the wedge pattern ending Monday, March 23, 2020 and the following aggressive BUY SIGNAL on Tuesday, March 24, 2020?

EXACTLY!  So, be careful listening to anyone.  Trade according to your own risk/trading abilities and use the appropriate signals.

Where will the indexes go next? Pay attention to the current (motive?) correction and whip-saw moves. 

Also, be sure to compare the ShepWave analysis given on the various time frames.

Nasdaq 100 Index Hits a NEW ALL TIME HIGH of  10,704.93 on Tuesday, July 7, 2020.

Log In ShepWave.com for Wednesday's Pre-Market / Intra Day ShepWave Update.

 $99 ONE YEAR SUBSCRIPTION SPECIAL! (as we get closer to the Presidential election of November 2020 this year, I will be raising prices to limit new subscribers. Renew before this increase.)



Elliott Wave International

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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