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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: 5/13/2009
1. ShepWave Critical Updates for Thursday Published. Have the Indexes hit a key mid term top? 5/13/2009 9:43:41 PM
The daily chart of the BPNYA (Bullish Percentage Index for the NYSE) shows that this index has hit a new recent high, even higher than the index was at the all time high of the Dow Industrials Index set in late 2007. 

Let's just think about this fact for a miniute.  The Dow Indus...

 
 
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