ShepWave IMPORTANT Updates for Monday Published.
by ShepWave.com
Posted: 5/12/2017 17:15 EST

ShepWave SPECIAL Update for Monday: Equity Index, Crude Oil and Gold analysis. WEEKLY CHART ANALYSIS.

The market action continues to be predictable. As you will find in the weekly time frame chart analysis the equity and commodity markets are seeing some significant signals that will affect everyone from short term day traders to long term investors.

Now is not the time to be tied-into emotional types of analysis. Stay objective--watch for triggers.

Log In at www.shepwave.com for Monday's Special ShepWave Update.

Regular Update for Monday Published. SPECIAL FTSE CHARTS!

In addition to the regular update containing the daily time frame charts, we have included some correlative charts from the FTSE index. You will find the weekly, daily and 60 minute time frame charts for the FTSE indexes at the bottom of this update.

The major US equity indexes continue to be predictable.  The recent trading range is about to end and there are some critical wave patterns and trigger areas we are watching. Now is not the time to be tied-into emotional types of market analysis.

TURN OFF THE CNBC!

The action in crude oil, gold and in the VIX is also very important. The VIX is being mystified by some analysts for no reason--don't make this more complicated than it is.

Log In at www.shepwave.com for Monday's Regular Scheduled Update.
SPECIAL FTSE charts included.

Pre-Market / Intra Day Update for Monday Published

Again, we are seeing clear technicals in the major US Equity Indexes.

Just like last week (as one example) when for Friday's Pre-Market Update we identified the wedge pattern in the 15 min QQQ chart and anticipated the upward gap and overthrow---again...

YOU JUST CAN'T MAKE THIS STUFF UP!

So, now what?  Well we have a very important week coming, technically speaking.

We are still dealing with a TIME-CYCLE TURN DATE that may be confirmed to give us a clear signal for short to mid term traders (Swing Traders) and that this signal may eventually have implications for longer term traders and investors.

Now is not the time to be following emotion based trading techniques. STAY OBJECTIVE. Read new triggers and anticipated action closely.

Also, the futures this evening and pre-market for Monday will be very important. We will be publishing additional notes later for Monday's Open.

Log In at www.shepwave.com for Monday's ShepWave Updates. (THREE in total.)

IMPORTANT INTRA DAY UPDATE FOR MONDAY PUBLISHED

BAM---See YOU JUST CAN'T MAKE THIS STUFF UP!

Notice how by watching the short term wave and chart patterns (last week) we saw the wedge pattern which gave us short term upward thrusts both in the QQQ/NDX and in the SPY /SPX---and the other indexes basically played along?

See, market analysis is not always as complicated as some make it out to be; of course it helps when one has some time and experience in it too; and some just plainly don't have a clue.

See our anticipated wave action for this week.

To answer a lot of questions---no, we have not doubled those positions yet; but are still recognizing the short term fluctuations.

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

ALSO:

I have already been getting emails asking if today's gap up open qualifies as the third gap up open which we covered over three weeks ago; see sometimes you have to be patient, but these market patterns do work out.

The key in today's gap up open is that YES, it does qualify but there is more to it than that. I will include some more information concerning the implications there, later today or in Tuesday's Pre-Market Update. For now you should be fine.

Shep

END-OF-DAY UPDATE FOR MONDAY PUBLISHED:

Nothing new or surprising this afternoon.

There will be two updates for Tuesday published.

Remember last week when I pointed out the "hurry-up-and-wait" kind of anticipation? Well, we are probably in for some more of that. The trading patterns have been very predictable but as you can see, the key is to take close account of the short term wave patterns and see how they fit into the larger (longer) time frames. 

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

$149 One Year ShepWave Subscription Special.

ShepWave $149 One Year Subscription special for our valued customers will end soon. Thanks to all of our regular customers of over 13 years. This special offer is being extended to any new subscribers as well, for a short time only. [To current up-to-date subscribers, the one year will automatically be added to your expiration date.]

14 year anniversary