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Elliott Wave Theory stock market technical analysis. Major U.S. Indexes.
Specializing in QQQ and the DIA analysis and trading. QQQ and DIA Options trading.
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Blog entry date: 2/16/2010
1. ShepWave Pre-Market / Intra Day Update for Tuesday. Stocks ready to resume bearish trend? 2/16/2010 1:13:28 AM

 Note that the QQQQ have filled the gap from two weeks ago. The SPY have not. There is also bearish divergence on the 60 minute time frame for the QQQQ. This could lead to an interesting week.

Are the U.S. Equity indexes 'ready' to continue their downward move?  Just how much fu...

 
 
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