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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: 7/23/2010
1. ShepWave Pre-Market / Intra Day Update for Friday. 7/23/2010 12:38:55 AM

Does Thursday's action show that the U.S. Equity Indexes are setting up for yet another Island Reversal?  Remember that Island Reversal patterns as we have been seeing are common at key tops...Remember October 2002? (See SPY chart in tonight's update).

Or are the indexes setting up f...

 
 
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