ShepWave Pre-Market / Intra Day Update for Tuesday Published. Special Update Publshed also.
by ShepWave.com
Posted: 7/18/2011 16:42 EST

Important End of Day notes posted

As stated previously the action this week is very critical. The volatility we have seen was expected and could continue through out this week.

It was probably not a coincidence that the targets given early last week for the SPY and Dow were hit yesterday, then the indexes rallied. How high will it go? Can we expect at least a new recent top?

We have identified a specific trading pattern; if this pattern works out as expected this could be a very profitable trading opportunity.

Also note the projected path as given in the SPY chart. Use this as a proxy for the U.S. Indices.

The excitement for this week is probably not over. Yesterday we saw the key targets given last Monday by ShepWave hit on the SPY and Dow Industrials index. If the projected wave pattern and technical pattern works out as expected this could be very profitable. We will be keeping a close eye on the action for the rest of the week.

Log In at www.shepwave.com for today's Intra Day ShepWave Update.

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.

There are some significant technical patterns potentially developing from today's action. Note the projected pattern which would culminate in about 3-5 days from now. This could be another great swing trade opportunity. If this pattern works out as expected today's entry may be closed by Friday or Tuesday with a nice profit.

Log In at www.shepwave.com for Today's Intra Day ShepWave Update.

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.  

New Position Entered Tuesday

Log In at http://www.shepwave.com/ to see trade details and to view today's Intra Day Update.

This is a highly critical day. Will the Indices hit new recent highs.

Special update on ETFs related to the Dow Industrials index, Nasdaq index, Financial sector and aReal Estate

ShepWave does daily analysis on the SPY, DOW Industrials and NDX indexes. Close examination of these indexes is the core of any thorough analysis. However ShepWave trades a lot of differrent ETFs.

Today's Special Update covers some ETFs related to the Dow Industrials Index, Nasdaq Index, Financial Sector, and even a Real Estate ETF.

Of special importance is the analysis on the Financial ETF. This could be a leading indicator for the major U.S. Equity Indices. Also important is the Real Estate ETF. This ETF has the potential to be a 10X profit over the next several weeks, maybe months.

Note the Trigger areas and Targets.

This week is a highly critical technical week. Pay close attention to the notes.

Log In at www.shepwave.com for Tonight's Special ShepWave Update.

Tuesday's Pre-Market Update has been published early. The markets are facinig some critical technicals this week and we want to give traders enough time to assimilate the information.

Note that the SPY hit the target issued last Monday. Also note the confirmation trigger signal was hit on the SPY today. Is the SPX the leading indicator in the current market action?

This is a highly critical week. Please read notes closely. GLD, SLV and Crude Oil have all followed with preferred analysis and have been profitable since two weeks ago when a signal was seen.

The rest of this week remains very important. The volatilty should remain. There will be a buying opportunity sooner or later. Remember that markets do not go straight down or straight up. Pay close attention to Triggers, Signals and Targets.

Log In at www.shepwave.com for the Pre-Market / Intra Day ShepWave Update for Tuesday.

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.

mn.....756....17/5