ShepWave Critical Updates for Thursday Published.
by ShepWave.com
Posted: 8/12/2010 01:43 EST
The potential Island Reversal pattern we identified last week seems to have come to fruition. It is vitally important to continue watch the technicals which could negate this pattern. But, so far it is playing out perfectly.
The big move down on Wednesday has caused the indexes to cross some key triggers. Traders should have begun to get in some new potentially mid term (Swing) or long term positions. Watch the areas that we are using for Stops in tonight's ShepWave Updates.
Log In at www.shepwave.com for Thursday's Critical 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. |
|
| About my BLOG |
|
|||||||||
| Su | Mo | Tu | We | Th | Fr | Sa | |||
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | |||
| 8 | 9 | 10 | 11 | 12 | 13 | 14 | |||
| 15 | 16 | 17 | 18 | 19 | 20 | 21 | |||
| 22 | 23 | 24 | 25 | 26 | 27 | 28 | |||
| 29 | 30 | 31 | |||||||
|
Post back your comments What do you think of this blog entry? Post back your comments and let us know.
|
