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.
US Equity Indexes Futures are down as of 11:00 PM ET. This sets us up for some more potential Profit Taking Monday in our current positions. Read the notes in tonight's update closely. Some profit taking targets have been adjusted.
The U.S. Equity Indexes are approaching levels ShepWave gave as targets months ago. But, are 'we' being too conservative in our targets. Read Monday's Regular Scheduled Update closely for some technical indications which have been occuring recently; yet, no one seems to even notice th...
The GDP coming in lower then even expected has the futures coming down a bit. S&P Futures down 2.2%, NDX Futures down about 1.7%...Who is the guy on TV who likes to 'ring the cash register'; I never can remember his name?
Nice move in the QQQQ Thursday. Is it time to take Short Side Profits in the QQQQ? See suggested stop/loss areas and possible Reversal BUY SIGNAL Triggers in tonight's Update. Trend Channel Traders paradise.
ShepWave cannot stress enough the importance of Objective, Disciplined analysis. Notice the trend channels we have been tracking recently for Gold and the Equity Indexes. The Cautious Trade Signal set ups are all there. See Targets as well. But be objectiv...
We saw a strong upward move in the Indexes Tuesday. S&P 500 Index managed to log in a 4% gain. But, notice the trend channel we are currently working with as shown in ShepWave Updates.
Is it time to GO LONG and look for the gap from February 17th to fill? OR i...
Sure is nice locking in some double digit profits in some key core positions while it seems everyone else is trying to figure out what will save our economy. As objective Traders/Investors we are only responsible for ourselves and our money: regardless of the state of our economy.&nbs...
14.5% profit in a recently entered ETF. 37.1% profit in another recently entered ETF. And 35.7% Profit in another Recently entered ETF position. These were NOT options plays.
Today's rally was a short lived event...this should be no surprise. But, even the initial quick aggressive upside targets weren't hit, again strengthening the mid to longer term trend. Keep an eye on the Trend Channels/lines as shown in recent updates; also keep a close eye on t...
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