ShepWave Important Pre-Market / Intra Day Update for Wednesday. New Chart Patterns.
by ShepWave.com
Posted: 4/4/2017 17:12 EST

Those of you who have been with ShepWave for sometime--which is most of you--know the importance of continually analyzing the short term wave activity to lead to probable mid term action(s) or moves in the markets.

Remember Monday (3/27/2017) when we exited a good portion of recently entered bearish entries based on the short term patterns; and we did in fact see a rally?  (We opened some short term long side positions as well.)  Well, what has the rally since then told us?  Will the US equity indexes rally to all new highs--from their current levels? Or perhaps, will they sell off again only afterwards to rally to new highs? The importance of paying consideration to the various time frames on which ShepWave performs continual analysis is the key to being a consistently successful trader.

The short term chart patterns are potentially revealing something very important at the current time.

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

IMPORTANT INTRA DAY UPDATES:

And Once Again, YOU JUST CAN'T MAKE THIS STUFF UP!

Notice how we in fact have seen the upward thrust this morning as anticipated--due to the wedge patterns we saw in the short term activity.

See, there is no reason to make this more difficult then it is folks. But the key is to keep one's emotions and *feelings* out of the markets and to stay objective.

How high will the Dow go?  Will it see 50,000 next week?  (Sarcasm) Please pay close attention to the notes and to the triggers.

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

Afternoon Update

SEE the bearish reversal. Again, You just CAN'T MAKE THIS STUFF UP!

Use signals and trigger areas for new positions.

END OF DAY UPDATE. IMPORTANT:

Again You JUST CAN'T MAKE THIS STUFF UP!

Notice how perfectly today's action gave us (1) the anticipated overthrow of the short term wedge patterns as identified Tuesday afternoon and (2) the anticipated following quick/sudden bearish reversal--as anticipated again, because of the wedge pattern.

What is next for stocks?  See ShepWave Updates.

Log In at www.shepwave.com for Today's END-OF-DAY ShepWave Update.

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13 year anniversary

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If you do this just send me an email telling me you did it so I can extend the expiration date on your subscription date from my end.  Thanks.

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