ShepWave Important Updates for Thursday Published.
by ShepWave.com
Posted: 5/27/2010 01:30 EST
The last five weeks have given some clear short term bearish signals, profits should be rolling in. Wednesday's reversal was a bit of a surprise to even me. The potential short term rally is not a definite...so be careful.
As mentioned in recent updates the Crude Oil charts are serving as a 'leading indicator' so far. Notice that the SPX has now triggered the same signal as ShepWave pointed out in Crude. Pay close attention to the next triggers and target areas as shown in Thursday's Updates.
Log In at www.shepwave.com for Thursday's ShepWave Updates.
| 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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