ShepWave Pre-Market / Intra Day Update for Friday. (When) TO--VIX--or NOT TO VIX! That is the Question!
by ShepWave.com
Posted: 3/1/2018 23:25 EST

12:50 PM ET USA.  IMPORTANT Intra Day Update Published:

The aggressive trade from Monday worked out nicely. Based on emails that we have received from some--you may have taken some profits on the gap down open this morning. That was wise--it is always best to be cautious and lock in profits.  Long term ShepWave subscribers recognize the value of the gap opens.

So, now what?  The gaps are filled from this morning's open.  Will the rally resume? Or is this intra day rally (or sorts) for the U.S. stocks merely a short term breather?

The implications of this week's actions for short-to-mid term (swing) traders is something to seriously consider.

Remember--the potential OUTSIDE DOWN pattern we are now focusing on.  This is in addition to the aggressive trades entered and the presumed Elliott Wave Theory wave count(s).

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

Pre-Market / Intra Day Update for Friday:

Please, we at ShepWave urge you to at least go through the updates of just this past week:

>We have seen a predictable downward thrust--and it happened during the week of--guess what--YES:  another TIME-CYCLE TURN DATE!

>Look at what we were focusing on Monday when we made the aggressive bearish short term call for a particular equity index.

>Then notice that the markets rallied a bit on Tuesday--but continued to go-along with our preferred short term analysis.

> THEN we saw a major SELL OFF!

>In the Regular Update for Thursday (published Wednesday evening)--ShepWave gave a very clear trigger point in the VIX to watch.   The VIX is something that the timing of knowing when to use it is vital. So many traders lose $thousands trying to speculate on the VIX on a regular basis. That type of blind trading is a guaranteed path to the poor-house.

>and in fact the TRIGGER FOR THE VIX was TRIGGERED on Thursday and once again, the Dow Industrials was down a few hundred points.

You, JUST CAN'T MAKE THIS STUFF UP!

Is the market in a doomsday--crash mode?  NO!  Well not yet anyway--but we'll see.

Do not be naïve.

TURN OFF THE CNBC!  Seriously!

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

NOTE--the potential for an OUTSIDE--DOWN Week in (some) of the major U.S. equity indexes.  This could have critical impact on the equities.