ShepWave Regular Scheduled Updates Part I and II for Monday Part I. Daily Time frame charting analysis for U.S. Equity Indices. Very critical week coming up.
by ShepWave.com
Posted: 7/23/2011 12:23 EST

UPdate Part II for Monday Published. Crude Oil, Gold, GLD, SLV and VIX

There is an abundance of uncertainty concerning some important decisions by our elected representatives. This week could be a very volatile week. This should be very profitable for traders. The U.S. Equity Indices are at critical levels and are showing critical technical and chart patterns.

In this Update Part II for Monday, ShepWave continues with the analysis we have been covering for the commodities listed above. It seems that a lot of subscribers are active in these commodities. We have seen some profitable signals, both on the long and short side, for these commodities over the past several months. This should continue.

ShepWave has been putting the chart for the VIX in the daily updates. We are going to start putting it in this commodities update. We have been showing both the 15 and 60 minute charts for the SPY and QQQ in the intra day updates. This is too many charts to have to look at during the active trading day, so the VIX Charting Analysis will be included in this commodities Update which we have been doing a few times a week recently.

The Pre-Market / Intra Day Update for Monday will be published later this evening. We will want to watch the Overseas and Futures markets a bit.

This could be a critical week. With the added uncertainty about the Debt Ceiling, Budget, and Spending Cuts this is going to be a critical week to watch the technicals closely for any signals.

Log In at www.shepwave.com for Monday's Regular Scheduled Updat Part II.

The ShepWave Eight Year Anniversary Subscription Specials ($60 Three Month Subscription and $99 Six Month Subscription) will be ending soon. We will begin a referral program for subscribers. For every new subscriber you introduce to ShepWave we will add one month on to your subscription.

Also keep in mind that eventually access to the Intra Day Continuous Updates will be an additional charge for those who are not current subscribers to ShepWave. Rates will not be raised for current subscribers at the time we start this new subscription package.

Update Part I for Monday Published. Daily Time Frame charting analysis for U.S. Equity Indices.

The Four part ShepWave Update series published the weekend of July 9, 2011 is still very pertinent to current market circumstances. Parts I and II examine the Monthly and Weekly time frame chart analysis for the major U.S. Indices. SheWave encourages all subscribers to examine the notes in those updates. Investors need to understand the longer term technicals. The markets are still at a critical place, technically speaking.

This Update for Monday Part I is basically an updated version of Update III from that series looking at the daily time frame charts.

For investors there will probably never be as technically important of a time to closely analyze the charts than the present time. We have seen some key signals, especially on the S&P 500 and Dow Transportations index. These signals in the Dow Transportations index and SPX have been the topic of many ShepWave Updates over the past several weeks. This next week is very critical for investors and could be very profitable for traders.

The U.S. Equity Indexes could be setting up to make a quick 5-10% move. Read notes closely in this update. Note the Trigger areas and the Targets. The markets are definitely heating up and volatility is probably here to stay for a while.

Update Part II for Monday will cover the critical analysis we are current seeing in Crude Oil, Gold, GLD, and SLV.

Log In at www.shepwave.com for Monday's Regular Scheduled Update Part I. Daily time frame for U.S. Indices.

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