ShepWave CRITICAL Updates Published. Fibonacci Retracement/Extension Targets for DOW and S&P Published. Elliott Wave Theory
by ShepWave.com
Posted: 10/23/2008 01:31 EST
Two very critical ShepWave Updates have been published. You definitely won't find this analysis on TV.
I have to laugh. Everyone 'once in a while' I actually tune in to a popular financial television channel. I could hardly contain myself when at one point Wednesday they had these NINE Little Boxes on the TV each with a 'so called Financial Pundit' in them. All I could think was; What were these people saying last year when the indexes hit a all time highs for the Dow Industrials Index, S&P 500 and Dow Transportation Indexes; and every time the indexes would hit a key mid term top over the past year? Now the indexes are down about 40% across the board. Anyway, like I said. Too Funny.
Last Thursday Morning ShepWave showed some very important Fibonacci Retracement and Fibonacci Extension targets for the Dow Industrials Index. It should be understood by every trader/investor no matter what time frame you trade that these targets are a definite possible reality. Tonight's Published Thursday Morning Update shows the Critical Fibonacci Retracement and Fibonacci Extension Targets for the S&P 500 Index.
There WILL be a very definite RALLY coming in the indexes. In fact I don't think it as far off as one may think. BUT, that doesn't mean that we have hit a key mid term bottom either. Read tonight ShepWave Updates CLOSELY.
Go to www.shepwave.com for the Thursday ShepWave Updates.
Click the Links below for a Sampling of ShepWave Updates Published over that past year for Mid to Long Term Traders.
Click here to read the ShepWave Update from August 21 when the Dow was at the 11,400 area.
MARK HULBERT Panic doesn't mean we've hit the bottom |
Absence of the psychological characteristics of capitulation means we likely haven't seen the low yet. |
ShepWave Note: No Kidding. I always like to read what these 'financial analysts' (and I use the term loosely) were saying when the markets were at their highs. (LOL)
For trading strategies, Trade Signals, Triggers, Targets, Charting and Elliott Wave Theory Analysis go to http://www.shepwave.com/
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For trading strategies, Trade Signals, Triggers, Targets, Charting and Elliott Wave Theory Analysis go to http://www.shepwave.com/
Trend Trading, Trend trading stocks, market trends,stock trends,stock market technical analysis, stock market timing,qqqq, qqqq options, qqqq trading,options, options analysis,stock options, trading options,trading stock options ,stock market technical analysis
stock market analysis stock market stock trading qqqq qqqq trading elliott wave theory Turbo Tagger elliott wave theory market timing stocks trend trading qqqq trading options trading Turbo Tagger Technorati Profile
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Reference: Shepwave.com is a technical analysis site for the Major U.S. stock indexes. We use Elliott Wave theory along with our proprietary indicators to give analysis for the Dow Industrials, Nadaq 100 and S&P 500 indexes. We specialize in trading the QQQ and DIA. |
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