ShepWave Pre-Market / Intra Day Update for Wednesday Published. 10% Discount Code: 2020ELECTION
by ShepWave.com
Posted: 8/11/2020 22:42 EST
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? Where will the indexes go next? Pay attention to the current (motive?) correction and whip-saw moves. Nasdaq 100 Index Hits a NEW ALL TIME HIGH of 11,282.24 on Thursday, August 6,2020. Log In ShepWave.com for Wednesday's Pre-Market / Intra Day ShepWave Update. $99 ONE YEAR SUBSCRIPTION SPECIAL! PLUS--10% Discount Code: 2020ELECTION
EXACTLY! So, be careful listening to anyone. Trade according to your own risk/trading abilities and use the appropriate signals.
Also, be sure to compare the ShepWave analysis given on the various time frames.
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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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