ShepWave Updates for Thursday. Rally Still In Play--for How Long?
by ShepWave.com
Posted: 7/16/2020 01:17 EST
12:24 PM ET USA. Intra Day Update for Thursday Published:
Log In ShepWave.com for Thursday's Intra Day ShepWave Updates.
$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.
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 11,069.26-- on Monday, July 13, 2020.
Log In at ShepWave.com for Thursday's TWO Important ShepWave Updates.
$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, July 15, 2020 we find WTI-CRUDE OIL in the $40s. Does this support the idea of underlying strength in the U.S. economy? Notice recent gap that has been filled.
As of Wednesday, July 15, 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? Nasdaq 100 Index Hits a NEW ALL TIME HIGH of 11,069.26-- on Monday, July 13, 2020.
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.
| 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. |
|
| About my BLOG |
|
|||||||||
| Su | Mo | Tu | We | Th | Fr | Sa | |||
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | |||
| 8 | 9 | 10 | 11 | 12 | 13 | 14 | |||
| 15 | 16 | 17 | 18 | 19 | 20 | 21 | |||
| 22 | 23 | 24 | 25 | 26 | 27 | 28 | |||
| 29 | 30 | 31 | |||||||
|
Post back your comments What do you think of this blog entry? Post back your comments and let us know.
|
