ShepWave Pre-Market / Intra Day Update for Tuesday. BIG MOVE COMING FOR STOCKS?
by ShepWave.com
Posted: 10/9/2017 23:46 EST

IMPORTANT INTRA-DAY UPDATE PUBLISHED for TUESDAY:

We did see new highs this morning in the major U.S. equity indexes, as anticipated.

As well, we are seeing clear-bearish-divergence on many of the important time frames.

And, as well, notice the new highs this morning were from a gap up open and then the markets came down. 

So, is it time to go bearish?

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

Based on some recent email exchanges--a lot of us may sense a coming trend change for the major stock indexes; or possibly a steeper upward slope to the current trend.

I think we should stay objective. Based on our recent uptrend, from the short term bullish wedge patterns we saw around August 20-22, this trend should be about ready to change.

Pay close attention to the updated technicals and triggers. Remember we could see the Island pattern play into a nice aggressive signal.

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

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