ShepWave Regular Scheduled Update for Thursday.
by ShepWave.com
Posted: 6/15/2011 18:24 EST

Making money in the markets by following the clear technicals over the past several weeks has been rather easy. The markets have been issuing clear technical siganls. The move in Crude Oil Wednesday is very important. This is covered in this report

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Futures are down this morning. Some important pre-market notes have been added to today's Pre-Market Update. Where will the markets find a short term botton?

ShepWave swing trades have been extremely profitable over the past several weeks. We will be taking more profits off the table this morning and will be looking to roll into new positions.

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ShepWave took profits in the Real Estate ETF and the Financials ETF this morning. Also, we have opened a new position. See Details of these trades in today's Update.

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Intra Day Updates have been published all day. Log In to read today's market commentary.

Again, today's action is actually very unimpressive. We took some profits off the table from short side positions. We will be concentrating on a buying opporrtunity for a bounce. Note the triggers and targets as published in today's update. Be caerful, it may still be too early to hold long side positions overnight.

The last seven weeks has been a very profitable time for ShepWave Subscribers. The clarity of the markets has made short side profits easily attainable. Remember that markets don't go straight down. Positioning is the key.

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