I am leaving early today.  However for the next hour or so I am going to be refreshing the charts and adding some notes.  Be sure to read the notes in the text portion of this update as well as within the charts.

My goal here is to give some guidance on how to approach trading gap opens.  Notice we did see a sizable gap down open in the Nasdaq related ETFs as we have been anticipating--but there are some guidelines to be going by as well.

The first update will be ready in a few minutes.

Shep

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

See new important notes and analysis concerning the major U.S. equity indexes.

As said very clearly last Wednesday evening there was a particular pattern we were looking for specifically and primarily in the Dow Transportation and Russell 2000 indexes.

Did you see how most of the major U.S. equity indexes made new highs this week--yet these two specific indexes did not? Also these two specific indexes were selling on some pretty good pressure for the short term.

AGAIN, YOU JUST CAN'T MAKE THIS STUFF UP!

SEE NEW PROJECTIONS AND TRIGGERS!

Also, important analysis for Crude Oil, Gold, and the VIX.

THIS IS NOT THE TIME TO BE SLOPPY TRADERS AND INVESTORS.

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