ShepWave IMPORTANT Updates for Monday Published. THREE IN TOTAL
by ShepWave.com
Posted: 5/19/2017 17:08 EST

SPECIAL Update for Monday: Equity Index, Crude Oil and Gold analysis. WEEKLY CHART ANALYSIS.

Everyone take a deep breath. We have had a big week in the US equity markets and in commodities. The gap opens have presented some very profitable short term positions and trading. Now, at this time, we cannot afford to be over-confident. We must always stay objective.

To be sure we all stay focused read through the notes and important analysis in the weekly time frame charts for the major US equity indexes as well as Crude Oil and Gold. This will serve to get us all back on track with the trend and coming changes.

More volatility coming next week. BE READY!

Turn off the emotionally based news programs!  They are a trader or investor's biggest downfall. Stay Objective!

Log In at www.shepwave.com for Monday's Special ShepWave Update. WEEKLY TIME FRAME ANALYSIS

ShepWave Regular Update for Monday: Equity Index, Crude Oil, Gold, and VIX analysis. DAILY CHART ANALYSIS.

Last week was extremely profitable. Very predictable week. From the gap up open on Monday to the gap down and sell off on Wednesday--to even the rally on Friday; the markets remain predictable and profitable.  But now is not the time to be over-confident.

Read all notes and analysis carefully--even for crude oil, gold and the VIX.

Proper Technical Analysis is a Science, an Art, and a Discipline:

It is a SCIENCE in that we identify and analyze key technical occurrences and correlations. These lead to patterns which can be used to identify probable future directional movements.

It is an ART because there are times when the strict definitions and observations have variable outcomes. The market analyst has the history and experience to put all of the contextual observations--which go beyond the bounds of the immediate contextual evidence--to find the most probable future pattern. Note most analysts do not actually provide future probability in the same way ShepWave does.

It is a DISCIPLINE in that we have guidelines to use to minimize any possibility of the market(s) going against our prescribed direction. This is also one of the aspects that most analysts do not designate clearly. This can make the difference between a consistently profitable trader/investor or one who loses consistently.

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

 ShepWave Pre-Market / Intra Day Update for Monday Published

Based on emails at least most of you long-timers to ShepWave managed to lock in some profits both on the short and long sides of the equities last week. 

The anticipated gap up Monday set up for the Island Reversal gap down on Wednesday--even if it was a day earlier than we expected--we were already positioned. The rally to the highs on Friday even hit the key targets.

So, now what? Is the rally still in play? Well, now is not the time to be tuned in to the emotional based financial news programs.

Stay Objective! See TRIGGERS and TARGETS!

Turn OFF THE CNBC!

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