ShepWave Pre-Market / Intra Day Update for Wednesday Published.
by ShepWave.com
Posted: 9/1/2010 01:15 EST
The Dow Industrials Index lost 4.31% in August. But the important technical is that the index is down almost 10% from our target hit in April. Short and Mid term (Swing) traders should be navigating through these markets easily. The patterns have been clear and predictable.
There are some wildcard wave actions that could come in to play. Remember, it is important to always be watching for the confirmation signals, regardless of what time frame you are trading.
Log In at http://www.shepwave.com/ for Wednesday'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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