ShepWave IMPORTANT UPDATES FOR THURSDAY. TIME-CYCLE TURN DATE
by ShepWave.com
Posted: 6/28/2018 00:09 EST

The Regular Update for Thursday has been published.

I received an email from a long-time ShepWave subscriber who was sharing some information from a Hedge (fund?)Technical Analyst-indicating that the indexes were at their 200 day moving average and therefore were at a key time to BUY.

Do not be swept away with such hog-wash.

First of all--it is never so simplistic. It is always ideal to use the actual trend lines (support and other) that ShepWave uses--not the 50 or 200 day moving averages.

Go to most recently, the morning of Thursday, May 3rd and *see* the indicators that ShepWave was considering when we gave that decision to BUY the major indexes.  And then go through Thursday's (6/28/2018) Regular Update and notice that the conditions of the current time--as compared to the conditions of May 3rd--are drastically different.

In this update, of particular primary importance you will want to note the correlation of the wave count and potential trade signals in the Dow Transportation index as compared to the action in the S&P 500 index.  This is in direct connection to the wedge pattern and ideal targets being hit in the SPX as well as the Dow Industrial index and its projected targets. Once again, this is primarily based on the wedge pattern we identified many weeks ago.

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

Remember last Wednesday night as published in the Regular Update for Thursday we gave two single-triggers in the Dow Industrials and the Dow Transportation indexes that if triggered would bring in a strong move--that was followed by a strong gap down open and sell off on Monday of this week.

WTI Crude Oil Traders be on alert. So far the signals we have been seeing in the WTI CRUDE OIL index have been spot on and could directly affect the equity indexes.

GOLD traders--nothing new here.  Use same guidelines as we have been showing.

VIX traders--YOU ARE ON DECK!  Be ready. If the trigger in the Dow Transportation index gets triggered THEN you will want to be ready!

Log In at www.shepwave.com for the Regular ShepWave Update for Thursday. 

ShepWave ALL UPDATES for Thursday Published. Predictable Volatility.

It may be wise to read the pre-market notes for Wednesday, June 27, 2018; and THEN--read the intra day aggressive short term sell signal we gave at 12:38 PM ET USA--and what the guidelines were for that sell signal trigger. Notice the short term trend channel we were using in the 15 min QQQ chart was the critical part of that aggressive trigger.

Point: it is not difficult to identify these short term highly probable opportunities. The problem is that most traders are not disciplined to recognize the time-limitations of such aggressive signals and still end up losing. We at ShepWave try to keep our traders from NOT committing such obvious errors.

Log In at http://www.shepwave.com/ for all of Thursday's ShepWave Updates.

Remember--the PREDICTABLE VOLATIITY will probably remain until next week. BE READY!

The Pre-Market / Intra Day Update for Thursday has now been published.

The $169 SIX MONTH special for new subscribers is ending.