ShepWave Important Updates for Thursday Published. When will volatility return? May be sooner than you think.
by ShepWave.com
Posted: 7/20/2011 16:41 EST

12:05 Important Intra Day Update

The Indices have seen a bit of a mid day reversal. Did the U.S. Equity Indices hit another key mark this morning? OR will the rally resume to hit new recent highs? The markets are at a very critical pont as mentioned earlier this week.

Note the NEW TRIGGER areas and stop areas. If triggered we will give new targets.

Follow along with continuous intra day updates.

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Additional Pre-Market  Notes posted.

Some important notes have been added to this morning's per-market update regarding the short term Aggressive TRIGGER areas. Remember we need to see the trigger hit during regular market hours.

Also the preferred chart pattern seems to be working out. This is a favorite pattern to trade. Note the notes on the SPY and Dow Industrials index.

Volatility should return in the next few days.

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Regular Scheduled Update for Thursday Published.

ShepWave has been saying for the past couple of weeks that the U.S. Indices are at a technically very critical point. This has not changed. Volatility should return; it may return sooner than expected.

In this Regular Scheduled Update for Thursday the daily time frame is examined. We have seen some critical signals on this time frame. Signals which are very important to both Swing Traders and Investors. The Indexes are potentially setting up for a quick 5-10% move. This could be a very profitable move.

Note the Triggers, Signals and Targets as marked in this update.

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

Important Additonal Notes added to Thursday's Pre Market Update

I just received an email asking "if it is a trigger is the trigger target is hit after hours?" That is actually a very good question. The question is answered in Thursday's Pre-Market Update along with some additional notes on the preferred chart pattern we see working out.

As stated many times this week, this is a very technically critical week. The Swing position we have been scaling into over the past two days could be closed as early as Friday, possibly with a 50% profit.

Log In at www.shepwave.com for Thursday's Pre-market / Intra Day Update.

Pre-Market / Intra Day Update for Thursday Published.

Note that the volatility settled down a bit today, the markets being basically range bound as expected. The preferred chart pattern we are seeing is gaining strength that it will work out. This is a favorite pattern to trade off of and could provide some good positions for a quick sizable profit possibly by the end of this week or early next week.

We have scaled into a new swing trade position yesterday and today. This position could be exited as soon as Friday. It is an aggressive trade, but could see some very sizable profits.

As a trader or investor it is important to note both the bearish and bullish potential signals. Note the triggers for both sides in this update. The trend is firming up and we could see volatility return possibly as early as Friday.

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

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