ShepWave Updates for Monday have been published. Short term buying opportunities is the focus Tuesday.
by ShepWave.com
Posted: 7/6/2010 02:42 EST
11:09 IMPORTANT INTRA DAY UPDATE.
Notice that the upper trend line targets as shown in the Pre-Market Update for the SPY and Dow have been hit. The continuation signals are shown in this intra day update. This is very important for short term traders.
Log In at www.shepwave.com for today's Intra Day ShepWave Update.
The Regular Update for Monday discussed the mid to longer term bearish implications and the possibility of an Exhaustion Gap down. The focus for traders for the short term is to identify some short term BUYING opportunities. These could be short lived, so get ready to be nimble.
Log In at www.shepwave.com for Tuesday's Pre-market / 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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