ShepWave Important Special Update for Friday Published
by ShepWave.com
Posted: 10/27/2011 18:51 EST

Despite whether one is long or short the market it is always important to pay close attention to what the technicals are telling. An objective trader keeps in mind the techncials on many time frames. At the current time (and especially after Thursday's rally) it is important to keep in mind the technicals on the Monthly time frame. We have a potential 'new' pattern on the monthly time frame. Keep in mind that there are only two trading days left in October; now is a critical time.

The personality and purpose of Wave 2 rallies is to bring back the sentiment of the previous rally. So, ShepWave also takes a look at some other techncial indicators to shed some light on the current market situation.

Log In at www.shepwave.com for the ShepWave Special Update for Friday.

The ShepWave Subscription Specials ($60 Three Month Subscription and $99 Six Month Subscription) have been extended a while longer due to the critical nature of the markets.

We have begun 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.