ShepWave TWO IMPORTANT Updates for Monday. Watch the Technicals on the Daily and Weekly Time Frame Charts Very Closely!
by ShepWave.com
Posted: 9/4/2020 17:31 EST
The SECOND ShepWave Update for Monday has been published.
The Regular Update, showing daily time frame analysis and triggers for the major U.S. equity indexes; Crude Oil: GOLD; and the VIX.
Have we seen our last *new* all time high for the major U.S. equity indexes, for a while?
Nasdaq 100 Index Hits a NEW ALL TIME HIGH of 12,439.48 on Wednesday, September 2, 2020.
S&P 500 Index hits All Time High of 3,588.11 on Wednesday, September 2, 2020.
WTI-CRUDE OIL has been issuing some profitable turn-signals. Can WTI-CRUDE OIL hold the upper $30s range?
GOLD Traders--DON'T LOSE PROFITS! NEW ALL TIME HIGH HIT ON Friday, August 7, 2020.
It is recommended for newer subscribers to go through past updates to get a feel for what technical information has brought us up to this point.
ShepWave analysis is always building upon previous technicals and analysis.
As a note of caution: There are a lot of analysts who try to predict wave counts. Please be careful of doing that. It is good to understand the dynamics and underlying principles of Elliott Wave Theory but in the labeling of wave patterns, remember that no pattern or wave count is official until the next wave series begins. So many otherwise really good analysts seem not to understand this simple concept with regards to Elliott Wave Theory. The key is to follow the appropriate Trade Triggers as given by ShepWave analysis.
IMPORTANT For the week ending Friday, September 4, 2020--ShepWave has been receiving many emails from other analysts concerning our aggressive call of the short term lows of Monday, March 23, 2020 and the AGGRESSIVE BUY SIGNAL we issued on Tuesday, March 24, 2020.
DON'T MISS THE NEXT BIG MID-TERM Trading Opportunity!
Log In SHEPWAVE.COM for Monday's ShepWave Updates
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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 12,439.48 on Wednesday, September 2, 2020.
S&P 500 Index hits All Time High of 3,588.11 on Wednesday, September 2, 2020.
ELECTION 2020 VOLATILITY TO BE EXPECTED!
Log In ShepWave.com for Monday's Special ShepWave Update--showing the WEEKLY Time Frame Charts.
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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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