ShepWave Pre-market / Intra Day Update for Wednesday. Markets Topping?
by ShepWave.com
Posted: 5/23/2018 00:00 EST

Additional Pre-Market Notes for Wednesday's Open published, 8:00 AM ET USA:

Read the pre-market note as given in the 15 min SPY chart last night.  Remember the gap open and Island trading patterns as used by ShepWave.

At the current time the futures in most of the major U.S. equity indexes are down .5% or greater. This comes into play. Also--consider the potential for a light volume pre-holiday week in the U.S. markets.

Read the Additional Pre-Market Notes for the short term view of how ShepWave is trading this open and what we are looking for.

Log In at www.shepwave.com for today's ShepWave Update with the Additional Pre-Market Notes.

Was Tuesday's late day sell off in equities an indication that the major U.S. equity indexes have hit a key top for the mid term?

Let's put it this way--every day we at ShepWave get many emails from current, past, or never subscribers trying to call the action.  In general when we have a lot of traders trying to call a top--we can almost be guaranteed that they are wrong. It works the other way around as well.

Use the technicals as given by ShepWave to base your trading (and investing) decisions. 

Spotting trade entries is oftentimes the art of finding the least amount of risk involved.  SEE--how we gave a buy signal Thursday, May 3rd in the late morning of the day.  And--note that a sell signal is coming, or maybe has already come.

The point is that now is not the time to be a sloppy trader. Please read notes carefully in Wednesday's ShepWave Update.

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

Is the BUY SIGNAL we gave on May 3rd for the major U.S. equity indexes over?

The $169 SIX MONTH SUBSCRIPTION SPECIAL IS ENDING!

ShepWave has reached its preferred maximum number of subscribers (300+ subscribers) and will be raising the yearly rate very soon.