ShepWave Pre-Market / Intra Day Update for Friday Published.
by ShepWave.com
Posted: 7/9/2020 18:00 EST
1:01 PM ET USA. Intra Day Update for Friday:
Today's charts have been refreshed. Note the aggressive trigger mentioned last night has not been triggered--YET!
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The aggressive buy signal of Tuesday, March 24, 2020 worked out well But have the indexes gone too high too soon? Watch Earnings--Are they Peaking for some major companies who have prospered from the national shut-down?
Nasdaq 100 Index Hits a NEW ALL TIME HIGH of 10,785.96 on Thursday, July 9, 2020.
Compare notes in the various charts--IMPORTANT--new note in the 60 minute for the IWM (RUT). This may be a heads-up indicator here.
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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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