ShepWave Regular Scheduled Update for Monday
by ShepWave.com
Posted: 12/19/2010 05:41 EST
The recent action in the markets is stregnthening the short term bullish view. However be careful assuming that the markets will continue to make new recent highs. The current action is a Wave 2 and is showing confirming patterns that this is the case. 2011 could bring about a strong change in the market direction.
In Monday's update are given some key triggers and technicals to watch to strengthen the short term bullish view.
Log In at www.shepwave.com for Monday's Regular Scheduled 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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