ShepWave Pre-Market / Intra Day Update for Wednesday Published
by ShepWave.com
Posted: 9/25/2018 21:06 EST

Whip-Saw Activity as Anticipated on Wednesday:

Due to the whip-saw activity of the markets today--as anticipated--we have received numerous emails regarding the possibility and the effect(s) of an Outside-Down Day in at least some of the major U.S. equity indexes.

We at ShepWave have tried to answer each of these emails individually. We cannot keep up with the individual replies.

The TWO Important Updates that will be published later this evening for Thursday should help clear up this short term whip-saw activity.  Basically nothing has changed with regards to what we were anticipating and what we at ShepWave are using for critical trading signals.

Log In at www.shepwave.com for ShepWave Updates.

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.

The short term trading ranges are still working effectively--for traders paying attention to the minor adjustments made to these critical short term patterns.

After Tuesday's market activity ShepWave has adjusted the short term trading ranges and patterns.

The FOMC meeting this week could shake things up. See new triggers and targets!

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

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.

 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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