ShepWave Intra Day Update.
by ShepWave.com
Posted: 5/20/2010 10:45 EST
Another gap down open this morning. It is important to note that a gap down which fulfills an Island Reversal pattern will most likely not fill. The Island Reversal from last week was easily predictable. Is the gap down today a gap which will be filled, or is it just another pattern strengthening the mid term bearish trend? Read today's updates for triggers and targets.
Log In at www.shepwave.com for today's Intra Day ShepWave Update
| 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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