ShepWave
ShepWave IMPORTANT Updates for Wednesday Published
by ShepWave.com
Posted: 5/15/2012 23:34 EST
Important Intra Day Update published at 12:00 Noon ET
Based on emails it seems most of you are doing very well in your current mid term positions; I have noticed a bit of an urgency to flip to long side positions. Please use today's signals as your guideline....notice the aggressive trigger in the 15 minute time frame charts. Also, notice the confirmation signals we have been seeing in Crude Oil, Gold and SLV; those have been some very good trades.
The Markets have been acting as anticipated. Profits have been nice. Shown in the updates for Wednesday are some critical notes on the potential for a short term bounce...see trigger areas in the Pre-market Update for Wednesday.
Thursday's Regular Update has been published early. In this update are the charts and analysis for Crude Oil, GOLD, GLD, SLV and the VIX. Note how 'picture perfect' the action on these indexes has been over the past few weeks. Gold traders should be doing very well.
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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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