ShepWave Pre-Market /Intra Day Update for Friday.
by ShepWave.com
Posted: 5/21/2010 01:10 EST
The Indexes are down 10% in the last few weeks. Recent ShepWave Updates have examined the potential that a key wave 2 top has been hit. Short term profits have been nice, we have seen some clear triggers.
Friday's Pre-Market / Intra Day ShepWave Update shows some potential BUY SIGNAL TRIGGERS and the ideal short term bounce target area.
Log In at www.shepwave.com for Friday's Pre-Market / Intra Day ShepWave Update.
10:49
Intra Day ShepWave Update Published.
This morning's 'weakness' was a good short term buying opportunity as mentioned in the pre-market update. Watch for the short term actual triggers to get hit, then use stops and wait for ideal targets. Short term traders should already be using stops from this morning's entry.
Log In at http://www.shepwave.com/ for today's Intra Day ShepWave Update.
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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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