ShepWave End of day/week Update. Been a good week for traders.
by ShepWave.com
Posted: 7/15/2011 16:26 EST

It has been a profitable week for traders following along with intra day analysis. The trades from last week in GLD and SLV have done well. Use Stops to lock in profits. Equity traders have had many profitable opportunities as well.

The QQQ closed at their high. Is there more upside left? Will the U.S. Indices see a new recent high or will volatility to the downside increase next week?  These are issues we will deal with in our updates which will be published this weekend.

I will cover some short term targets and analysis this weekend as well. Short term charts are showing some interesting wave patterns.

Keep in mind that ShepWave does not normally do continuous intra updates. We have been doing this recently and it has served well as an educational tool. Traders seem to be doing well in the markets. That is the main thing. We will continue to do these intra day updates when we can. Enjoy your weekend.

Log In at www.shepwave.com for ShepWave Updates.

The $60 Three Month and $99 Six Month Subscription Specials will be ending. ShepWave will begin a referral program as part of Subscription Special for existing subscribers. If you are an existing subscriber and want to take advantage of the current subscription specials the time will be automatically added to your subscription.

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