ShepWave Pre-Market / Intra Day Update for Wednesday Published
by ShepWave.com
Posted: 8/14/2018 23:16 EST

CRITICAL INTRA DAY UPDATE FOR WEDNESDAY PUBLISHED:

11:23 AM ET USA. Intra Day Update:

The charts in today's Intra Day Update have been refreshed. The new notes (in red) added to the 60 minute SPY chart apply to the other charts in this update.

Keep in mind, that we now have TWO gap opens from the last week of trading.  The first one (triggered last Friday morning) was an ISLAND REVERSAL (SPY/SPX and $INDU) and worked out perfectly as we anticipated and now we have another gap open...

It is important to pay close attention to the analysis given in the Daily Time frame charts along-with the shorter term analysis given in these day to day (15 minute and 60 minute) time frames.

Market is heating up!  Be Ready.

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

ShepWave Pre-Market / Intra Day Update for Wednesday Published

Most of us here at ShepWave have been trading for many years. We know that at key market turns there will be an apparent effort to shake-out weak traders. That is what I believe is happening currently.

Last week's Gap and Island Patterns (primarily in the SPY/SPX and $INDU) did issue some short term aggressive signals.  Now we are watching for follow-up signals in a sense.

Now is NOT the time to be a sloppy trader/investor.

ALSO

We have received many emails regarding the Major-TIME-CYCLE TURN DATE coming in the next few weeks.  The support of the May 3rd and June 28th--as well as the many previous Major-TIME-CYCLE TURN dates has played out significantly and is about to be altered; probably drastically.

Again--I suggest thinking back to the night of the November 2016 U.S. presidential election. Late that evening the Futures for the DOW Industrials were about 1,000 points or more BELOW fair value.  That created the pivot area--from which came the support to correlate the  TIME-CYCLE TURN(S) that have lasted since that time.  THIS IS ABOUT TO CHANGE!  IT IS GOING TO CHANGE ABRUPTLY! BE READY!

 Despite the TIME-CYCLE TURN DATES we give--there is no substitution for using the actual trade triggers.

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

The $169 SIX MONTH SUBSCRIPTION SPECIAL STILL IN PROGRESS! For Now. IT IS ENDING!