ShepWave Updates for Wednesday Published.
by ShepWave.com
Posted: 8/16/2011 20:08 EST
Chart patterns and the market action today is working out just as expected. Note the intra day reversal. I can only imagine what CNBC is saying to rationalize this so predictable of a move. If you have been with ShepWave for even a short time you will know that we reccommend having the volume on MUTE when CNBC is on the television. Aggressive Triggers hit. New short to mid term targets will be published either this evening or in the morning depending on the action. Please note the action we are expecting over the next day or so to strengthen the potential for a quick 10-20% move in the Indices. Log In at www.shepwave.com or today's Intra Day ShepWave Update. The Markets remain in a very technically critical point. It is not a good time for traders or investors to be complacent. Possible 20%+ move coming soon. Position Now. 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. Existing Subscribers can take advantage of the Special prior to the expiration of their current subscription; the time will automatically be added to subscription.
IMPORTANT INTRA DAY UPDATE
All the projected technical signals we were looking for today have come through; so far so good. Also note that we now have an aggressive trigger HIT. Are the indexes ready to make the quick 10+ move we are anticipating. Pay close attention to the notes for the close today.
Log In at www.shepwave.com for today's Intra Day ShepWave Update.
We are seeing the potential formation of a favorite pattern of ShepWave to trade. We saw this chart pattern play out in profitable trades just a few weeks ago.
Log In at www.shepwave.com for Wednesday's Pre-Market / Intra Day ShepWave Update.
ShepWave Regular Scheduled Update for Thursday (Published Early) covering analysis for Crude Oil, Gold, GLD, SLV, and the VIX.
This Update has been published early because of some critical technicals we are now seeing.
The Equity Indexes remain in a very critical spot.
Log In at www.shepwave.com for ShepWave Update. The Pre-Marekt / Intra Day Update for Wednesday will be published later this evening. Need to watch the futures and over seas markets for a while.
Question from Subscriber answered.
I have always said that ShepWave attracts only the most brilliant minds in the trading/investing community. That is why we try to keep our subscription base to a minimum. The real money is in the trading.
I received an email from a new subscriber this evening which is very insightful and shows the level of intelligence I have seen from many of our subscribers.
I have pasted the question and my reply at the bottom of tonight's Speical ShepWave Update, the Thursday Regular Scheduled Update, Published early.
We are seeing some critical technials in the current markets. Now is the time to pay close attention to the triggers, signals and targets being issued by the technicals.
Log In at www.shepwave.com for this Question and Answer in tonight's Special Update.
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| Reference: Shepwave.com is a technical analysis site for the Major U.S. stock indexes. We use Elliott Wave theory along with our proprietary indicators to give analysis for the Dow Industrials, Nadaq 100 and S&P 500 indexes. We specialize in trading the QQQ and DIA. |
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