ShepWave Pre-Market / Intra Day Update for Friday Published
by ShepWave.com
Posted: 7/31/2014 20:44 EST

And once again, 'you just can't make this stuff up.' The markets continue to move in highly predictable and profitable patterns. Not only have the equity indexes been predictable but Gold and Crud Oil continue to be moving in preditable and therefore profitable patterns. Basically if you are not making money in this market it is because you do not want to.

Read notes and analysis closely in Friday's Update. It is safe to go long? What are the potential long side targets?

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

7:11 AM ET Additional Pre-Market Update and Notes Published

The fact that the futures are down at this time should not be a surprise, assuming you read the intra day update yesterday afternoon. Remember that the current time period of trading could be presenting a different overall strategy and the 'tricks' we have been using over the recent years may not be applicable anymore.

Also remember that on any given day the markets can go up or down. When I say that the markets are predictable and profitable it means that my bias and obvious trading pattern(s) have been in agreement with the market direction. That does not mean to 'bet the house.' Please trade within your own trading style and risk tolerance. Do not try to always hit home runs...just keep hitting the singles or doubles, continuinng to lock in profits; that is the key. Always take notice of the potential bounce targets and the bullish and bearish views for every day. For, every day has both views. Keeping these things in mind as one trades will enable a higher level of objectivity.

Make some money. Remember to be locking in some profits along the way as we see our key targets hit.

Log In at www.shepwave.com for today's Intra Day ShepWave Update

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