The equity markets remain predictable; as do the markets for Crude Oil and Gold.  The key is not to overstep the boundaries of what the technical analysis and signals are giving.

The aggressive BUY call we gave in July for Gold has worked out well. See basically the same thing back in December 2016. Will GOLD rally?  What are our targets?

HERE IS THE 60 minute chart we published for GLD on July 11th giving the aggressive BUY SIGNAL for GOLD and the metals in general.  See the rest of the metal related charts in that update--still available on line for subscribers only.

Bottom line is that if we think that the economic data (so-called) has a direct--and--immediate correlation on the markets  then we have allowed the media sources to trick us beyond any level of common sense. If financial and economic indicators were a direct influence on the equity markets, commodity markets (including Gold, Silver, and Crude Oil), then I would be out of a job;  AND we would have seen a stock market crash back in 2010 if not many times since.

So, once again. I urge you to read the analysis given in this update. It contains the weekly time frame charting analysis for the major U.S. equity indexes, Crude Oil, and GOLD--It shows the general context with which those of us who trade the short term or short-to-mid term (swing traders) trend can evaluate our specific signals.  Also the weekly time frame analysis can keep long term traders and investors  from making bad decisions.  Assume that you exited your investment portfolio when the Dow Industrials crashed to below the 6,500 area back in 2009?. A lot of long term investors did that very thing.

Once again, our prayers go out to the many in the southern areas of the United States affected by Hurricane Harvey, and Irma.  I have had contact from many of you.  Thank you!  We will continue to pray for you.

We are coming into a very busy season and we are already at our limits with regards to the number of ShepWave subscribers: so, in the near future new subscribers will likely be cut off entirely. In the meantime I will be raising rates quickly.

Log In at www.shepwave.com for this Special Update for Monday showing the weekly time frame charts and analysis for the major U.S. equity indexes, Crude Oil, and Gold.

2nd Update for Monday Published

It is very important to follow along with the analysis on the various time frames.

Notice this past week we finally saw clear recent bearish divergence on the daily and weekly time frames for the Dow Industrials index. This is something we have been looking for, over the past several months, to support even the possibility of a  key top coming for the indexes in  general. Remember too--clear bearish divergence is NOT a sell signal in itself.

Most stock market analysis is more guided to the emotional rather than the clear examination of the technical tools. At ShepWave we try to stay as objective as possible and that is what is necessary to keep making consistent profits. Seems like everyone is always trying to call the next big crash and fails to make money in the mean time.  YES, there is a big move coming!

READ THE NEW IMPORTANT NOTES IN THIS UPDATE FOR THE STOCK MARKET IN GENERAL.

Also, Gold has been providing some great trading opportunities. Just recently, the  July 11th aggressive BUY SIGNAL that ShepWave issued has played out well.  BUT, Gold will not continue on this steep of an upward slope forever---DO NOT BE NAIVE!  Read the analysis.

Crude Oil--is showing some critical signals. Was the recent rally a head-fake?

And the VIX--is actually showing some potential short term trading preference or aggressive traders.

Log In at www.shepwave.com for the ShepWave Updates for Monday. There will be three in total.

Due to the technicals and the fact that ShepWave is at our preferred maximum number of subscribers to maintain our personal service--we will begin raising prices for new subscribers.