ShepWave Regular Scheduled Update for Monday Published. More big market moves coming? Elliott Wave Theory Stock Market Analysis.
by ShepWave.com
Posted: 11/9/2008 13:36 EST
Recent market action has been, 'technically speaking', very predictable. In the Regular Scheduled Update for Monday more key fibonacci targets are shown. The 10% downward move in two days last week was a 'no brainer' if you were watching the trend lines and using ShepWave Sell Signals.
So, now what? We have very critical long term potential signals coming up. We could be entering in to an even more profitable time period to be an objective, educated, trader than we have seen in decades.
Go to www.shepwave.com for the Regular Scheduled Update for Monday,
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.
Cllick the link above for an interesting article. So, if retail returns to the 70's will the Stock market? Most financial pundits missed the 40+% stock market move of the past year. They continually say that the market always goes up. ShepWave suggests extreme caution. We have shown some very critical technical 'facts' which have occured recently which could dictate future market action. Don't miss one of the biggest trading/investing(??) opportunities of a life time.
| MARK HULBERT Panic doesn't mean we've hit the bottom |
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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)
• 18th bank fails: Houston's Franklin Bank (who's next?)
• Jobless rate jumps to 14-year high of 6.5%
For trading strategies, Trade Signals, Triggers, Targets, Charting and Elliott Wave Theory Analysis go to http://www.shepwave.com/
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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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