ShepWave Regular Scheduled Updates Parts I, III, III and IV for Monday Published.
by ShepWave.com
Posted: 8/7/2011 07:36 EST

Check ShepWave.com through out the day for continuous analysis.

The U.S. Equity Indices are giving more confirmation signals today. Note the follow through triggers hit TODAY! We have seen one of these very profitable periods over the past several weeks. The technicals have been working out as expected.

There tend to be clusters of short time frames, perhaps of several weeks, when traders and investors who are objective and on top of the technical analysis can make very good profits in a short time. This is one of those opportunities.

USE STOPS to lock in profits. See the notes regarding looking for a bounce, wait for triggers if you are a cautious trader.

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

The Regular Scheduled ShepWave Updates for Monday Parts I, II, III, IV hav been published.

This next week is a techncially very critical week.

Since July 9, 2011 when ShepWave showed the clear technicals as to why we believed that a key major top was upon the U.S. Equity indices we have seen conitinual confirmation signals. This next week continues to be very critical, technically speaking. We have seen major mid term support levels broken, one after the other. "Where is even a short to mid term bottom?" is a question ShepWave is receiving in many emails. We will identify buying opportunities in our Pre-Market / Intra Day Updates.

It is time for investors to take the technical analysis as shown in recent ShepWave Updates seriously. (As we said beginning on July 11). Do not let this current trend erase any profits you may have gained over the past two year rally.

Bear markets can move quickly. However, there will be some nice buying opportunities as well. It will not be surprising to see a 10-20% upward move within this major bear trend. We will be using the time frames as given in the Pre-Market / Intra Day Updates for identification of a BUY SIGNAL.

ShepWave subscribers have been locking in many profits over the past few weeks. Note that our Real Estate related ETF is now up over 20%. This position was entered a couple of weeks ago. ShepWave still sees this position as a possible 500% or greater profit in the coming months. This position may serve as a hedge for those investors who have missed the top in the markets and want to protect against any major losses.

Pay close attention to the confirmation triggers we will be watching for this next week.

The Regular Updates Parts I and II for Monday cover the Monthly and Weekly time frame charting analysis for the U.S. Major Equity Indices. Note the trigger signals we have seen on these time frames and what exactly the next confirmation signals are. Note targets.

Regular Update Part III covers the daily time analysis for the U.S. Equity indices showing trigger areas and targets on that time frame. This time frame is important for Investors to get quicker signals and for Short to MId term traders also to see guidance.

Update Part IV covers the critical analysis for Crude Oil (note crude oil is acting EXACTLY as suspected), Gold, GLD, SLV and the VIX.

The markets remain at a very technically critical spot.

The Pre-Market / Intra Day Update for Monday will be published later this evening after we have a chance to watch the U.S. Futures and Overseas Markets.

Log In at http://www.shepwave.com/ for the Regular Scheduled ShepWave Update Part III for Monday.

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