ShepWave
ShepWave.com
ShepWave.com
Elliott Wave Theory stock market technical analysis. Major U.S. Indexes.
Specializing in QQQ and the DIA analysis and trading. QQQ and DIA Options trading.
ShepWave's BLOG

ShepWave

ShepWave CRITICAL Updates for Thursday published.
by ShepWave.com
Posted: 8/19/2010 01:03 EST

Thursday Intra Day Update. Published at 11:33 AM ET.

This morning's SINGLE Break triggers were triggered right at the open, and we saw some clear almost immediate follow through. So, traders should be looking at some nice short term profits already.

Now the key is to take some profits or not based on your own personal trading style.  Remember that the markets don't go straight down, bounces are to be expected. See the suggested stop/loss areas.  One cannot overlook the potentially overridding technicals we saw on the weekly time frame last week.

Log In at www.shepwave.com for today's Intra Day ShepWave Update.


Thursday CRITICAL Updates published Pre-Market.

On the heels of last week's very critical long term technicals the past two days of market action has also revealed some potential signals.  Take special note of the triggers ShepWave is looking for to give us the next trade. This could be a critical point in the markets. 

A potential 10% move could occur quickly.

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.
 
 
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