ShepWave Regular Scheduled Update for Monday Published.
by ShepWave.com
Posted: 7/18/2010 20:40 EST
We saw the anticipated market action last week. There are some critical technicals that all traders need to be watching in the current markets, the 50 week moving average of the S&P 500 Index is one; we may have seen a successful re-test of this mark which could lead to increased selling pressure. Watch for the confirmation triggers and targets in this week's ShepWave Updates.
Log In at www.shepwave.com for the Regular Scheduled ShepWave Update for Monday.
| 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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