ShepWave Pre-Market / Intra day Update for Tuesday Published.
by ShepWave.com
Posted: 6/11/2018 23:03 EST

Be careful traders.  The indexes have seen a nice run-up from the anticipated recent low of May 3rd (most recently)--and the aggressive call by ShepWave to GO LONG EQUITIES on that morning. 

Remember as well the wedge patterns given in the Daily Time frame chart--mainly the SPX.

Tuesday's update gives some new trading notes and analysis for short-to-mid term (swing) traders.

Please trade carefully and within your own limits and abilities. Also take into account your own risk tolerance level.

During holiday weeks--especially of the Summer--it is normal to see some range bound Island patterns that are volatile on a short term basis.  Do not let this throw you off.

Also please take notice of the recent gap patterns and that we may see a short term rotation of sorts between the indexes.

POTENTIAL CRITICAL TIME-CYCLE TURN DATE coming for major U.S. equity indexes coming.

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

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