ShepWave Regular Scheduled Update for Monday Published Early.
by ShepWave.com
Posted: 8/14/2010 02:46 EST

Due to the fact that the U.S. Equity Indexes saw some very critical technical action this past week (as expected) the Regular Scheduled ShepWave Update for Monday has been published earlier than usual.

Note the key confirmation triggers we are watching to be hit next week. Take special note of the current potential support line in the QQQQ. Will this be broken soon?

The markets could be heating up. The trading has been predictable over recent weeks, it should remain so in the coming weeks. There could be increased volatilty which should provide some good Long and Short side trades for short term traders. The mid to longer term trend is firming up and beginning to confirm itself. This is a good sign for longer term traders who like to sit on positions for several weeks.

Log In at www.shepwave.com for Monday's Regular Scheduled ShepWave Update.

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Sunday evening at 11:15 PM ET. ShepWave Pre-Market / Intra Day Update for Monday Published.

Last week traders and investors saw some critical technicals in the major U.S. Equity Indexes.  Traders should have been able to pocket some good profits for the short term.  The signals are firming up for the mid to longer term trend. Tonight's Pre-Market Update shows some continuation triggers and a potential Long Side trade set up.

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