ShepWave TWO IMPORTANT Updates for Thursday.
by ShepWave.com
Posted: 10/18/2017 22:11 EST

IMPORTANT INTRA DAY UPDATE:

We finally have some of the short term trend lines broken. So, is this bearish? Can we bet-the-ranch on the bearish side of the markets?

Well, put it this way: there is some reason to be watching this morning's short term aggressive action.

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

HERE is the link to an article from EWI concerning tops:

How to Tell the "Size of the Forming Top" in U.S. Stocks

Remember the wedge pattern we saw formed in the Dow Industrials index last February thru May--and the BUY SIGNAL that ensued from that wedge pattern.  The rally that began in the Dow at that time is still in play.  But there are some recent patterns that should have all of us ready for a potential trend change.  Watching for progressive trading signals will be key to properly and profitably trade the next trend change.

ALSO: Important New Notes in the charts for Oil, GOLD, and the VIX.

You JUST CAN'T MAKE THIS STUFF UP!

We are seeing some critical short term trends that will not last much longer. But remember that even if we do see short term sell signals in the major U.S. equity indexes--it is imperative that all objective traders stay objective and be looking for the necessary following / confirming signals.

POINT: by being stuck in our prejudiced presuppositions--that perhaps the markets are due for a crash--we can in effect lose our objective mind-set which is necessary for consistent profits.

The $159 Subscription Special is being extended for another day or so. I have promised some new subscribers they could take advantage of it. But, it will be ending soon.

 Log In at www.shepwave.com for Thursday's IMPORTANT ShepWave Updates. There will be two in total.