U.S. Futures are down a sizable amount at this time. The Dow Industrial Futures are down over 200 points below fair value.

This should not be a surprise if you have been following along with ShepWave charts recently. The choppy overlapping chart pattern is typical of a topping pattern and does in fact usually end in an abrupt fashion.

With that said you also know as a ShepWave Subscriber that typically we look for gap opens fill. i.e. If the market gaps down it is ideal to see the market go up to fill the gap; and the opposite for a gap up open. However you also know there are key times when one is not to expect to see the gap fill; an Island Reversal is one pattern that has been popular lately that we have not been expecting to fill. This is usually a profitable pattern and a favorite of ShepWave.

There are new trigger lines in this morning's update for those who are looking to 'flip' in their positions. Read trigger details closely.

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

Existing Subscribers can take advantage of the Special prior to the expiration of their current subscription; the time will automatically be added to subscription.