ShepWave Pre-Market / Intra Day Update for Tuesday Published.
by ShepWave.com
Posted: 4/13/2020 18:30 EST

12:56 PM ET USA. Intra Day Update for Tuesday:

It was said--that Goldman has revised their bearish stance, saying the recent lows will stick.  Ask yourself a question?

(1) did they call the aggressive sell signal on Thursday, February 19, 2020, or

(2) did they call the ISLAND REVERSAL sell signal on Monday, February 24, 2020? or

(3) did they call the wedge pattern ending Monday, March 23, 2020 and the following aggressive BUY SIGNAL on Tuesday, March 24, 2020?

EXACTLY!  So, be careful listening to anyone.  Trade according to your own risk/trading abilities and use the appropriate signals.

Go To ShepWave.com for today's Intra Day ShepWave Update.

We don't know what to say--if you have not caught the predictable trade-trigger signals--then you obviously are not paying attention!

Complex Wave 4 Pattern--just as we had been saying!

Remember three Monday evenings ago when we said, "Aggressive Signals should hit  key targets--quickly."?  And the aggressive buy signals for the short term were in fact triggered on Tuesday, March 24th. And now we see the 61.8% Fibonacci Retracement area being hit  in the SPY/SPX and some other key indexes.

Don't fall asleep at the wheel!  More whip-saw action coming for short term.

Remember to follow technical signals--while using stops that fit your own risk tolerance and trading abilities. 

 News Driven market moves--while working well within ShepWave triggers--can reverse quickly. So, watch gaps and use stops.

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