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.
ShepWave's BLOG


ShepWave Pre-Market / Intra Day Update for Tuedsay. GAP OPENS AND SHORT TERM PROFITS!
Posted: 6/18/2018 22:59 EST

Intra Day Update for Tuesday:

Notice that this morning's gap down open for the Dow Industrials index is not filling--not yet anyway.

Be careful during these Summer months of trading and the easy volatility that is associated with them.

Remember we still have a potential critical TIME-CYCLE TURN DATE in the near future for the U.S. markets.  This recent whip-saw activity is to be expected as a set-up of sorts.

Log In at for today's ShepWave Intra Day Update.


We are flooded with emails tonight. 

Yes, the futures for the major U.S. equity indexes are (once again) in the red. Based on emails, those who followed the guidelines on Monday's gap down open had a profitable day of trading.

Note that there will be some guidelines to follow to protect yourself in these aggressive gap open trades.  And remember as well--eventually we could see an actual ISLAND REVERSAL in which we would not anticipate the gap filling.

The Pre-market / Intra Day Update for Tuesday will be published shortly.  We just wanted to send an email to those active traders at ShepWave to say, yes, we are aware of the futures at this time.

Futures are still down as they were earlier. Remember the default view on a gap down open. Also, remember the possibility of an ISLAND REVERSAL (bearish) pattern.

ShepWave regular subscribers and traders can recall recently--that beautiful ISLAND REVERSAL set up we saw in the QQQ/NDX in March not only give us a highly profitable short to mid term bearish position but lead to a key support line being hit on the morning of MAY 3rd when we most recently gave a call to BUY!.

You Just Can't Make This Stuff UP!

Remember the key TIME-CYCLE TURN DATE coming up. We should expect some volatility going into that date.

Log In at for the Pre-market / Intra Day ShepWave Update.

$169 SIX MONTH ShepWave Subscription Special.

15th Anniversary

ShepWave $169 SIX MONTH Subscription special for our valued customers will end soon. Thanks to all of our regular customers of 15 years. This special offer is being extended to any new subscribers as well, for a short time only. [To current up-to-date subscribers, the six months will automatically be added to your expiration date.]

15 Year Anniversary


SPECIAL FREE OFFER FROM Elliott Wave International:


Reference: 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.
Shepwave Elliott Wave
Theory Tutorial

Search Engine Optimization
and Free Submission
Go Ezines
Ezine Directory - Find
ezines, ezine trades,
ezine advertising, articles,
tips and advice about ezines
at the Ezine Directory.
Common key words for shepwave search: qqq, qqq trading, qqq analysis, qqq quotes, nasdaq 100, elliott wave theory, qqqq options, stock market, trading stocks, qqq, trading options, dia, dia analysis, dia quotes,dia options, qqq timing, dia timingmarket timing, dia trading
Top of Page

ShepWave Login

Enter your Login and Password:

Remember my login next time.
Keep my account always logged in.



Forgotten Password

Enter your email address:




Privacy Policy wants your visit to our web site to be enjoyable, informative and secure. We have gone to a large effort to use the most advanced security measures to allow this to happen. promises:

1. We do not give out your telephone number, address information, or screen names, unless you authorize us to do so. And we give you the opportunity to correct your personal contact email address information at any time.

2. We will keep you informed, about what we do with your personal information, and we will advise you if we change our policy.

Thank you for visiting our web site.



Enter Trial Code

Enter your trial code: