ShepWave Pre-Market / Intra Day Update for Wednesday Published. Like We said--EXPECT VOLATILITY--CAN'T MAKE THIS STUFF UP!
by ShepWave.com
Posted: 8/21/2018 23:22 EST

10:14 AM ET USA.  Intra Day Update for Wednesday Published:

Pay close attention to the recently adjusted short term wedge patterns and trend channels.  These will serve as our short term guides to positioning.

Log In at www.shepwave.com for Wednesday'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.

Within just the last few weeks we saw Gap and Island Patterns (primarily in the SPY/SPX and $INDU) and now even have some of the indexes hitting NEW all time highs, again. (Here I am specifically referring to the Russell 2000 index.)  

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. 

We at ShepWave have begun formulating the information for the next potential CRITICAL-TIME-CYCLE TURN DATE.  Read the new information pertaining to this possible TIME-CYCLE as well as the many new short term wedge patterns and new trend lines. This is a critical time in the history of the U.S. equity indexes.  

We encourage every trader and investor to think back to the markets leading up to the November 2016 Presidential Election--and the fact that on the night of the election the Futures for the Dow Industrials were DOWN 1,000 points below fair value but that created the PIVOT and Break-Out which formed the key mid term support line for the major U.S. equity indexes. This is as ShepWave has  been covering for the past two years.

THINGS ARE ABOUT TO CHANGE!  THE ARE 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.

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