SnepWave Pre-Market / Intra Day Update for Friday Published. Took 24% profits today. Locking in profits along the way is always a good idea.
by ShepWave.com
Posted: 7/28/2011 23:45 EST

ShepWave just exited the second day trade for today, quick nice profit. Today has been a busy day; we have taken profits in two swing trades (one 24% options play) and two day trades, one long and one short. That is an ideal day.

Profits taken in a Swing Trade

Log In at www.shepwave.com to see the Trade Details of the Financials Sector related ETF that ShepWave just took some profits on. Been a busy day. It is always a good idea to lock in some profits along the way

NEW TRADE POSITION ENTERED. This is primarily for short term traders, but SWING traders may want to take this entry as well.

Based on email response seems like most of you are catching these short and mid term market turns.

It is always nice as a trader (day trader) to make some profits on both the long and short side.Tighten stops NOW on the trade we just took. Definitely lock in profits on this trade.

Note the key short term triger confirmation mark as identified by the SPY.

What a great market.

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

Continuous Intra Day Updates going on today.

ShepWave locked in some profits early this morning, locking in 24% profits in last week's options play.Read the notes as to why we exited this position.

Also added to today's update is the critical analysis we continue to see in the Dow Transportations index (this is very important for investors) and in the VIX.

Markets are heating up. When will the next buying opportunity begin? See Targets.

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

Market is heating up. ALL ShepWave Specials and Free Trials will end soon.

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. Note that once the big move comes in the indexes this special will be terminated, if not sooner.

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.

Additional Pre-Market Notes Published at 9:15

The U.S. Futures are down again today. This market action has been playing right into the Swing Trades we have been opening over the past few weeks.

We have seen a lot of gap opens, (both up and down), over the recent weeks. Note that this is a common sign at major market turns. Note the specifics in dealing with this morning's gap down open

Swing Traders, ShepWave will prlbably be taking some profits off the table this morning.

Swing and Long Term Traders,note that we have been seeing consistet confirming signals. Please note the targets and suggested stop/ loss areas.

The Excitement that ShepWave saw coming weeks ago has definitely come and it may be here for a while longer.

Important: note that the action in Crude Oil and in the Dow Trasnportations index is also confirming ShepWave Analysis.

Log In at www.shepwave.com for today's Pre-Market ShepWave Update.

The markets continue to act as expected. As stated over the past few weeks, this should be a very profitable time for traders, and it is obviously working out.

Note the targets in this update. Also read the notes concerning what we are lookng for to trigger a large sudden move in the indexes.

Again, the markets are just heating up.

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

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