ShepWave Updates for Tuesday Published.
by ShepWave.com
Posted: 5/15/2017 17:30 EST

 SPECIAL Update for Tuesday: Special GOLD (Weekly and Daily) Charts; 60 min GLD charts; 60 min SLV charts; Daily and 60 minute GDX (mining) charts; weekly and daily Crude Oil charts.

Please read the new notes, analysis, and trigger points carefully. The recent TRIGGERS in Gold (GLD), SLV, GDX (mining plays) have been quickly profitable. Note the potential for the near term and what we are watching for to confirm the trend.

CRUDE OIL traders: Please read the two charts in this update for Crude Oil very carefully. This week--and possibly next week--could be the most important time period we see for Crude Oil possibly for the rest of the year. It is not time to fall asleep.

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Pre-Market / Intra Day Update for Tuesday Published

Once again, the predictability of the markets continues to be almost laughable.

The wedge pattern we identified last week for the short term view (such as in the SPY and QQQ) gave us the anticipated upward thrusts. The markets continue to be highly predictable. The key is to watch the short term activity and to recognize *how* that fits into the short to mid term patterns.

Read the notes in Tuesday's updates closely. We are in another "hurry-up-and-wait" period; just like last week when we identified the potential for a quick move and then it comes--now we have a similar type of chart pattern.

TIME TO TURN OFF THE CNBC!

Log In at www.shepwave.com for ShepWave Updates. Two total Updates for Tuesday.

 IMPORTANT INTRA DAY UPDATES

Note the new wedge pattern we have just identified. Remember, last week how we saw the wedge pattern that *led* to Monday's gap up?  Well, we potentially have a similar situation in one of the charts today that has implications for the general equity indexes.

Remember we are in a "hurry-up-and-wait" market--again. The next move will most likely be a sudden move.

Pay close attention to today's new notes and what we are expecting.

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

SHEPWAVE RENEWALS

We have received several emails regarding the fact that we will be cutting off New Subscribers shortly.

Yes, that is true.

But, if you are a current subscriber or if you have ever subscribed to ShepWave just send me an email at shep@shepwave.com and I will give you instructions on how to renew when necessary. There is nothing to worry about. We merely limit new subscribers from time to time to ensure we are able to continue our personal type of service.

Shep

$149 One Year ShepWave Subscription Special.

ShepWave $149 One Year Subscription special for our valued customers will end soon. Thanks to all of our regular customers of over 13 years. This special offer is being extended to any new subscribers as well, for a short time only. [To current up-to-date subscribers, the one year will automatically be added to your expiration date.]

14 year anniversary