ShepWave Intra Day Update. Watch today's close! very important.
by ShepWave.com
Posted: 1/28/2011 12:34 EST
Today's charts below have been updated. Nice quick SHORT SIDE trade as given in Pre-Market Update. Short term traders use stops to lock in profits. There is one very important technical that needs to be clarified. Note the 60 minute Dow Industrials chart.
Also, watch the close in the QQQQ (NDX). This could be very critical and could be confirming the recent technicals as covered regarding the Dow Transportations index.
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| 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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