ShepWave
ShepWave Critical Pre-Market / Intra Day Update for Friday
by ShepWave.com
Posted: 10/6/2011 22:57 EST
Important Trade Signals this afternoon. Log In at www.shepwave.com for today's Intra Day ShepWave Update
Remember back in July when the Dow Transportations index was nearing its all time high? ShepWave recognized the chart patterns as being very critical and possibly indicating a bearish turn. We did see the expected bearish turn and the key targets were hit very quickly.
Now is another very critical time for the major U.S. Equity Indices. We have seen a strong rally for the past few trading sessions. Is this rally an indication that the rally is back? Or is this just a wave 2 (or B) rally and is pulling a 'head fake' on both the bulls and bears?
In addition to current analysis for the indices this Update shows the current critical analysis for the VIX (Volatility Index) and Crude Oil. Using these two indicators has proven to add clarity for the equity indices. Read the notes closely in these two indices.
The ShepWave Subscription Specials ($60 Three Month Subscription and $99 Six Month Subscription) have been extended a while longer due to the critical nature of the markets.
We have begun a referral program for subscribers. For every new subscriber you introduce to ShepWave we will add one month on to your subscription.
Existing Subscribers can take advantage of the Special prior to the expiration of their current subscription; the time will automatically be added to subscription.
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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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