1. ShepWave Monday Update Published. Critical Technicals Occuring in U.S. Indexes. VIX hits a low not seen since the All Time Highs for Dow Indu and SPX set October 2007. Stock Market Technical Analysis. Elliott Wave Theory. 5/17/2008 9:35:46 PM There are some very interesting technicals occuring in the indexes currently. The DOW has hit our recent target of the 50 week moving average as well as the 200 day moving average. But, has failed to have a follow through to the upside. The S&P 500 Index has NOT hit the 50 w... |