ShepWave Pre-market / Intra Day Update for Wednesday. FUTURES UP! CAN WE SELL INTO A GAP UP OPEN AGAIN?
by ShepWave.com
Posted: 1/16/2018 22:18 EST

Many of you who have been with ShepWave for a while were inquiring about the steep gap up open on Tuesday--and we did see that the once common strategy of selling on a gap up open worked nicely. 

We are extremely happy that you profited from this aggressive trading strategy.  It is a favorite--but we need to be careful assuming it will be the case in the near future: remember we have a key TIME-CYCLE TURN DATE COMING!

Also, remember just because something works nicely as a short term aggressive trading strategy that we are always being mindful of the 60 minute and daily time frames.

The futures are once again UP!  Can we follow the same aggressive strategy as on Tuesday? There are some specific guidelines given by ShepWave for such circumstances.  See Wednesday's Update.

Also--remember to base short term trades on the 15 min charts and the signals there.

Log In at www.shepwave.com for Wednesday's Pre-Market / Intra Day ShepWave Update.

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