ShepWave Pre-Market / Intra Day Update for Friday.
by ShepWave.com
Posted: 8/18/2011 23:06 EST

Important Afternoon Update at 2:15 PM ET

We are seeing some critical technical action today. Ideal bounce targets were hit, then markets reversed. The gap form this morning was filled as expected; this was critical in strengthening the short to mid term trend.

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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 Published.

Keep checking the site through out the day for live continuous intra day analysis.

Note that as we were looking for, the Gap from this morning was filled. Also, the short term bounce targets were hit. Is this a buying opportunity OR selling opportunity? Read notes closely in today's Intra Day ShepWave Update.

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

Pre-market Update for Friday.

"Easy money Thursday"

Based on email responses, most everyone caught the trigger signals we issued on Wednesday and Thursday. That is music to our ears at ShepWave. That is the idea, to make money in any market regardless if it is up or down and not get bogged down with politics or semantics.

The chart pattern we were looking for, mentioned in the updates from Monday through Wednesday, worked out well. Thursday's gap down open should not have been a surprise to ANYONE. This is a favorite pattern of ShepWave and should continue to help us lock in even more profits in the near future.

The markets remain in very critical spot. Please read notes closely. Note the triggers we have seen so far this week and the triggers we are still watching for. Also note targets.

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

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