ShepWave Important Updates for Thursday Published
by ShepWave.com
Posted: 10/16/2013 22:47 EST

With the Default diverted the indexes perhaps go back to 'thinking' about other issues. But if you notice the technicals have worked out well during this time.

The divergence in the action between the Dow Industrial and Dow Transportation Indexes is worth noting in the Regular Update for Thursday just published. The coming action will be critical. Note that the trend channels that we have been using for about six months have been working out perfectly for mid term traders. But remember that trend channels do not last forever. This one is about to change. See important notes in Thursday's Two Important Updates.

Log In at www.shepwave.com for Thursday's Important ShepWave Updates

1:18 AM ET Additional Pre-Market Notes Published

It is obvious that some subscribers have realized that the best time to email me questions is late at night. This is especially handy for those of you who trade the 24 hour futures markets.

So, if the resolution to the Default has been made, why are the futures going down? Some important additional notes have been published.

In the Pre-Market / Intra Day Update for Thursday some important notes have been added regarding the possibility of a one day Island Reversal pattern and the specific trading triggers we will be watching.

Log In at www.shepwave.com for the Additional Pre-Market Notes in Thursday's Pre-Market / Intra Day ShepWave Update

2:51 Intra Day Update Published

Will the Dow Industrials play 'catch up' in the rally? Or is the lagging Dow a signal that the indexes are topping? Log In at www.shepwave.com for today's Intra Day ShepWave Update