ShepWave
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ShepWave.com
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.
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ShepWave Pre-Market / Intra Day Update for Wednesday Published
by ShepWave.com
Posted: 10/1/2013 21:10 EST

Should be at least one more quick pop left in the indexes. See exactly what we are looking for in the short term in this update. Note that the signals we may see this week, or possibly next week, could change the mid term trend. The trend trading over the past several months has been some easy money, but things may be changing.

Also note that Gold could be seeing a critical 'weekly' chart pattern. Crude Oil remains to be very predictable and has worked out the chart pattern as indicated in June/July.

The $155 One Year Subscription Special is still running for at least a few more days.

Log In at www.shepwave.com for Wednesday's Pre-Market / Intra Day ShepWave Update


4:15 AM ET Additional Pre-Market Notes Published:

Additional Pre-Market notes have been added to Wednesday's Pre-Market Update. The futures have turned decisively negative in the past few hours. Will the markets try to 'fill the gap' as we saw Monday? See the added analysis for Wednesday.

Pay close attention to trigger areas.

Log In at www.shepwave.com for the Additional Pre-market notes in Wednesday's Pre-Market / Intra Day ShepWave Update

 

 


12:41 Intra Day Update Published

The 30 seconds that I had the volume up on CNBC today was enough. I overheard someone speculating on the 'reasons' why Crude Oil was rallying. If you look at Monday's Regular Update you will see that we are getting a bounce off of a support line of 11 months. One has to wonder if they have any common sense at all. Not trying to be mean, but really now. Lesson to be learned never turn up the volume on CNBC.
 
We are seeing some key technicals today. Remember that the trend line in Crude Oil is very important. The reasons why it is important have been given already.
 
Will the bounce from today's low continue? See Targets.
 
Log In at www.shepwave.com for today's Intra Day ShepWave Update

 

 

 

 

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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