ShepWave Pre-Market / Intra Day Update for Tuesday Published
by ShepWave.com
Posted: 1/13/2014 22:04 EST

That was easy right? It seems like everyone understood why we bought at the open on the gap down open and then why at 11:01 AM ET we sold that position and went short (or bearish). Based on emails every seems to have had a good day.

I have received many emails today regarding today's trades. Nothing pleases me more than to see ShepWave traders making money. As many of you have noted the markets have been predictable and profitable for some time. This should continue. However it is very important to maintain objectivity. Never let your emotions get the best of you.

Read the analysis in this update closely. SEE TARGETS and TRIGGERS. Remember markets do not usually go straight down or straight up. The key is to watch the short term wave formation. Afterall that is why we sold late Monday morning.

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9:56 AM Intra Day Update Published

Note the bounce targets given last night. "you just can't make this stuff up."

Also read the notes for today's update.

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1:20 PM Afternoon Update Published

Keep the targets given last night in mind, especially in the Dow. Also keep the trend line target for the Dow in mind as given in the 60 min Dow chart.

There is an AGGRESSIVE TRADE NOW given this afternoon. A specific stop/loss is suggested for this trade.

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